pos

What with the price of spot price of silver and silver futures falling it's surprising we haven't seen more downward price action on ARD. I guess this means people are waiting for the possible newsletter pump or are confident we'll see a rebound in the POS pretty soon.

Do either of these apply to any of the holders here?


From bloomberg
"
Silver futures fell, heading for the biggest three-day drop since 2008, and gold also retreated amid a report Soros Fund Management LLC sold precious-metal assets.

Soros Fund Management sold some holdings because of a reduced risk of deflation, according to the Wall Street Journal, which cited unidentified people close to the matter. Michael Vachon, a spokesman for Soros, declined to comment. The fund held shares in the SPDR Gold Trust, the biggest exchange-traded product backed by gold, and the iShares Gold Trust (IAU) at the end of 2010, U.S. Securities and Exchange Commission filings show.

Silver futures fell as much as 5 percent to $40.465 an ounce on the Comex exchange in New York. The contract was at $41.72 as of 6 a.m. local time, for a three-day decline of 14 percent. Margin requirements were raised 38 percent in since April 26. Gold futures retreated 0.2 percent to $1,537 an ounce.

?Some small, speculative players had to trim their silver positions as they couldn?t afford to pay for such margins,? said Jerome Berset, a portfolio manager at Palaedino Asset Management SA in Geneva, which has 1 billion euros ($1.49 billion) in assets and has maintained holdings in gold and silver. ?For long-term players with fundamental views, this may be a good time to get in for both silver and gold.
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goodluck all holders