Coffin brothers are said to have made positive comments on usa.v wednesday night, this would explain volume/uptick on thursday [rumour apparently posted on stockhouse] ... but it's been a nice-looking chart for some time, one of the first OBVs to recover post-november and still one of the strongest ... a lot of the shareholder base has turned over, new folks bring a new attitude and a happier time for silver doesn't hurt either
Silver really got whacked last year, Au/Ag all the way to 90 and that with gold down, ouch ... somewhat better now though, 74 and notice how since Christmas there has been slow but steady improvement - stockcharts.com
Yes silver will make 30, has to print that on the same day as gold does 1200, or else a bunch of us here get to point at one old fart and say, you were wrong -g- ... yeah the M**s and H**s get pretty frenetic, over the top, drama queens embarrassing the rest of us, but in fact it will be en masse buying stimulated by wider interest that finally breaks the metal loose of its Crimex bonds, and the promoters know that, just trying to get their names established ahead of time ... it's early yet imho, you never know because it could get sparked by a variety of things, but i think odds are it doesn't get far beyond low 20s this year ... next year this time another story, maybe |
