OK time for a revised prediction... To quote Murray Walker "Unless I'm very much mistaken..."
I think there is a change in the wind coming. Since the election we have seen gold / silver go down significantly which has taken the stock price with it.
When gold first started going down it was fairly steep, but I think we have reached a point of leveling off / going back up slowly.
Silver closed up marginally this morning, and is looking at the moment to do the same thing tomorrow morning.
The sellers are doing their best to push down the price but I think they are fighting a loosing battle now. While the price of silver was dropping it was easy to frighten people into selling.
They sold out the 0.024 buyers queue while the price of silver was at a day high, but have yet to look remotely close to pushing it to 0.023
They have done their usual trick of piling on the 0.024 seller queue, but if the silver price remains around the current $30.5 I think they will have trouble selling this one to the public at large.
I am predicting a smallish upward movement next week.
ARD Price at posting:
2.4¢ Sentiment: Buy Disclosure: Held
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