CCU 0.00% 5.8¢ cobar consolidated resources limited

it's in the price of silver, page-5

  1. 49,047 Posts.
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    imo the 'commodities bubble' has just resumed or is about to resume.

    the commodities bubble is beginning with 'energy and precious metals'.

    an 'asset bubble' is when much money finds it's way into a sector.

    imo once silver decisively cleared $35.00 it should run to $40.00, the next resistance level.

    the next resistance level above that is $45.00.

    if silver does goes up another 1/3, it will increase ccu's gross profits by around 2/3.

    hopefully silver will continue to go up until the end april / early may, when imo we may have a correction.

    imo tradings should be quieter during the northen summer holidays, unless things hot up in the middle east.



 
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