I withdrew my order last night after watching action on the US/European markets and the raid on metals. Reminds me that if markets keep taking a hit the corrupt cartels acting on behalf of the Fed will be doing their best to trash silver and gold with those naked shorts.
They may make concerted efforts on metals but as before they will keep springing back. But in the mean time I agree that it is possible for CCU to be taken well into the 40s in some short term turmoil and gaming. Even if we simultaneously benefit from a weaker dollar.
Also all that good economic news before the election was mostly manipulated BS data.... we will start to get the real data on the US economy and it is going to be pretty ugly...that will send markets down as well....and people needing face margin calls and need to sell metals for cash.
So I expect a few dramatic ups and downs yet. Hopefully all ups since I have a bunch of CCU already.
Long term however...CCU is a no brainer really.
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