We have a hedging agreement above Spot We have a new team on board We are producing silver. We've had a long protracted PM decline well overdue to turn. We have lots of silver in the ground. The US dollar is turning downwards and every day the nervousness of an overstretched general market means the $85 Bill/mnth will need to go somewhere.
The shenannigans and manipulation and talk of massive Cypriot gold sales and cutting of stimulus are akin to the last dying breath.
This Bull will kick & buck all the way up. The fundamentals Tsunami is building and will not subside.
I grit my teeth and maintain my composure as best I can knowing holding on at the time most (nearly all) perceive the junior miners as the most hated of the hated right now.
The US dollar is the key and what we see with the Yen, we will soon see with the Pound and especially with the USD as a full blown currency crisis.
With the dollar currently turning, the stock market (equities)will only rise a little more as it is way overbought above the mean, so commodities will cop the 85bill, spike oil & crash.....PM's will be the only man standing at the time the USD plunges.
AYN Price at posting:
0.7¢ Sentiment: Hold Disclosure: Held