strap yourself in for the ride Mrs Peel its a going to be a roller coaster , when the silver bull really starts firing CCU could range 50c a day. We are dealing with the wildest juniors mining the most price volatile metal on the planet
The first Aussie share market boom was the 1888 silver boom , the charge was started by BHP. At the peak a new silver float was listed every day. All of them moose pasture
1887 ended quitely on the Melboune exchange, but in the new year silver stocks went nuts and some Broken Hill stocks moved both ways 50% a day. The only talk was silver and the Premier of Victoria was a heavy silver speculator. trading in silver stocks exceeded all other stocks.
It ended in tears of course and the excesses of silver speculating alongside heavy land speculation brought on the terrible depression of the 1890's
hmmm... is that how it will end this time to?
The best chart to look at to get an idea of what is going to happen here is the Paladin 10 year chart
CCU Price at posting:
60.7¢ Sentiment: LT Buy Disclosure: Held
