I think we are going to see a fairly dramatic drop in silver price before the next leg up. It won't last long but don't be surprised to see it fall through $26 quickly before then making its way back up over $30 and marching onward to record highs.
I could be very wrong on this but on the balance of probabilities, everything I have read and reviewed (articles, charts, you tube videos) suggests this to be the most likely occurrence.
The way I am viewing things is that results from drilling will drive short term SP appreciation (next 3-9 months) and then the generational shift in PoS will accelerate that (6-18 months).
Lets see.
ARD Price at posting:
5.7¢ Sentiment: Buy Disclosure: Held
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