Thanks Systematic!Regarding the price of silver as this is the...

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