CCU
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0.00% 5.8¢ cobar consolidated resources limited

In dec I sold when the gold/silver ratio was over 64 and CCU...

  1. Seano1968
    35 Posts.
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    05/02/14
    12:38
    Post #: 12895492
    In dec I sold when the gold/silver ratio was over 64 and CCU went to 15.5c within a week, ratio has been over 65 last few days, Ag probably due for a run again . This is high risk trading because the fundamentals vary so much. If there is a CR good chance it is going lower but when Au/Ag decouple Ag usually rallies strongly soon after bringing the ratio to more normal levels.
    CCU Price at posting: 9.7¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 6  Upvote
    lightbulb Created with Sketch.  Great analysis
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