hopefully silver will not see $30.00 again any time soon. silver is currenly rallying.
i'm buying ccu and selling ayn and svl. i'm also buying the three available leveraged silver etf. if silver spikes to $100.00, in the medium term they will all be 6 baggers imo.
imo the total amount of available gold in the world is increasing, whereas the total amount of silver available in the world is decressing, because it is been consumed in eletronics and the like.
however as copper mining picks up, there should be an esculating increase in the supply of silver. i cannot see copper miners shorting silver at $32.00 oz, when they have seen how easily it can run to almost $50.00.
the place to be is silver, uranium, australian biotech (the us biotechs are very strong, whereas the australian biotechs are still oversold).
CCU Price at posting:
67.9¢ Sentiment: Buy Disclosure: Held
