CCU 0.00% 5.8¢ cobar consolidated resources limited

price rebound, page-16

  1. 572 Posts.
    Predictors suggesting silver price up to $200 are well gone.

    $50 by end of year are quiet.

    Now $40 by year end and $60 by Easter! ---????

    Dream! - dream! - dream!.

    People should assume little change in price of silver for some time. Perhaps 12 months.
    Inflation due to money printing will take time --- although anticipation will race ahead.
    But there is no likelihood short term of such printing.
    Actually QE's do not appear to have great benefits but are implemented in desperation.

    Not over confident in CCU meeting output objective this quarter.
    Recent departure "for personal reasons" concern.

    On the positives --

    A firming of price of silver early next year would be a reasonable hope.
    CCU share price will surely consolidate in January.

    And yes price of silver will take off to much higher levels.
    Just do not hold your breath waiting for this to happen.
 
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