AYN 0.00% 0.1¢ alcyone resources ltd

Hi Abu, I have to agree with Ira here and agree that raising...

  1. 247 Posts.
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    Hi Abu,
    I have to agree with Ira here and agree that raising margins is the right call. How much that will keep a lid on things remain to be seen.
    One thing we need to keep in perspective here is gold. From a TA perspective although silver is heavily overbought gold is not and it looks like it has more room to move which is why i think we will see 30-32 silver(1500 gold). From a trend and TA perspectibe i think gold is a better indicator and less volatile.
    If we do see a major pull back i will be stacking up on some more coins.
    Quick note on physical is that it is becoming harder to find. Rounds are available but coins are becoming scarce and premiums are increasing.
    Cheers,
    Al.
 
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