1. General market becomes dimly aware of rising POS, is...

1. General market becomes dimly aware of rising POS, is skeptical that "massive gains" on an "overbought commodity" can be sustained.

2. Sustained rise in POS and big rises in ASX silver plays increase awareness.

3. People start to jump on the SVL/AYN/CCU (delete as applicable) band-wagon having only read the hype.

4. POS consolidates/dips briefly.

5. Herd panics and starts to sell out of SVL/AYN/CCU.

6. Smart money gives them an extra push on the way down.

7. Prices dip a bit more.

8. repeat 5-7 until Nathan starts buying into the weakness.