what can be done, page-18

Thanks Systematic!

Regarding the price of silver as this is the vital element in any possible recovery of CCU.

Firstly the POS is unpredictable. A big problem.

2. The next six months could well see a decline in POS.
Usually AU$ moves in a compensatory manner though.

3. "Everyone" is predicting a surge in POS. So guess what!

4. Quantitative easing, currency crashes, increasing industrial use will lead to shortage, and so on--- will lead to surge in POS.
Yes I know. I know!
But it aint necessarily so.

Pundits are sugging a $30 POS relatively soon and surge of POS sooner.

Well why not $15 for the POS?

While $15 dollars is highly unlikely so is $30 this year and probably next year.

A drop to well below present price would not surprise.

Be cautious in joining the "band wagon" that POS must go up, fairly soon and substantially.

Was a lone voice in suggesting a POS close to $20 when the price was much higher.

Have more recently suggested moving in a range between $20 and $22.
$16 to $18 would not surprise.

In the end all this is unpredictable and this post is a figment of my imagination.

Your guess is as good as!

Cheers

Vidi