K$tco shows that POS has gone up 4.76% to USD16.61...

K$tco shows that POS has gone up 4.76% to USD16.61 overnight.

There is an opinion piece "Silver finally decides to join the gold party" on K$tco.

"With the gold price breaking out of its month-long symmetrical triangle this week, silver has decided to join the gold party. As mentioned inthis column last week, silver equities had been telegraphing this move for the past month and the metal finally received the message this week."

We have been discussing the POS on HC and that it was rarin' to go especially over the past few weeks. In fact when you look at the relativities, POS was actually heading POG and not the other way round and this became even more pronounced in the last few days.

So it was a matter of adding to the position.

IMO, the coming week should see POS over USD17 and we should be away.

This time might indeed be different!