Yes Ant, up 6% overnight. But need this to keep going to be of any use. There is quite positive commentary on the future price. between US$37 to US$52 per ounce, near future. Paper silver vs physical silver is roughly 250 to1. Basically, if there was a call by paper owners to turn their paper ounce into a physical ounce. The demand would push up the price further, as there just isn't the physical available. And many other factors for an upward trend. Some very complex! Including the short traders!! And there is those who think the gold/silver ratio could close back to its historic levels!!! All speculation of course!
ARD Price at posting:
1.8¢ Sentiment: Buy Disclosure: Held
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