re: silver nudging $6 G'day
macmin is deliving on the plan to have a producing silver mine to coincide with rising silver prices (silver is trending up). The big question is - who is correct with the silver price, the deflationists who say everything is going down the gurglar, or the fundementalists and inflationists who say silver is heading much higher. I don't know, but my money is on the latter, the silver chart does look "potentially" bullish at this point to me. If silver does continue upwards macmin's timing could be perfect to take advantage. On the other hand if the deflationists are correct and supply/demand doesn't stop silver going lower, that, I imagine would be quite damaging for macmin. Timing is everything.
For me, I say "Silver - buy in july or you might cry"
If the deflationists are correct I will cry.
cheers
Rod
- Forums
- ASX - By Stock
- MMN
- silver back over $6
MMN
macmin silver ltd
silver back over $6, page-6
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)