>CBA do not have the rose coloured glasses that shows silver launching into the stratosphere in 2014 but rely on their long term analysis of the silver price which is bleaker than golds for 2014.
Hi PhillW,
If the US economy is truly gaining momentum then that will actually be positive for Silver being an industrial metal as well. Silver was the worst performing commodity for 2013. I doubt that 2014 will be a repeat of that.
Keep in mind that no-one here is talking about silver exploding into the stratosphere as that is your words not ours.
A few more dollars higher for the price of silver will do wonders for CCU and that is very achievable in this current market.
As I previously said, The CBA are there to help however they are not in the game of making it easy for anyone. They will want results as quickly as possible so it makes absolute sense that an extension of one month was given.
My relative had monthly phone calls from the CBA with monthly in depth discussions and targets for each repayment until the all clear was given.
I expect the same thing to be happening for CCU.
CCU Price at posting:
12.0¢ Sentiment: Buy Disclosure: Held