Silver will break soon IMO, and with last night's leap in gold prices, the timing of a big hit with the drill program would really be a bonanza. A few shares sold off in the precious metals sector with a short smackdown but gold bounced right back last night. Or could it be a blow-off? North Korea is a fly in the ointment. So my view is that any further downside will be a pull back. Ozy dollar might have gone up, but its on the back of government injection and savings and not growth from the private sector creating income. Won't be long to the lag flows through and we start running down savings further. Just confirms my medium view of a sustained rise in precious metals. ARD will prosper.
ARD Price at posting:
2.3¢ Sentiment: Buy Disclosure: Held
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