CCU 0.00% 5.8¢ cobar consolidated resources limited

Dilema - "The price of silver and gold is going to spike soon....

  1. 572 Posts.
    Dilema - "The price of silver and gold is going to spike soon. Everything else is becoming worthless, and there is none to buy"

    PERHAPS!
    SOON?

    However am tiring of posts indicating imminent huge surge in POS and in the past blue sky imminent surge in CCU share price.

    1. POS shadows the price of gold. Indicating the POS is related to speculative monitory aspect based on the assumption of great surge in inflation is imminent.
    Unfortunately this assumption has been wrong - wrong - wrong, and there is no sign of inflation at the moment.
    Japan - the greater printers of money and currency devaluation - is concerned about deflation!

    2. Industrial demand for silver is relatively stable. Manipulators or misguided suggestions that huge increases of use of silver is ongoing or imminent are to be taken with caution.
    POS is not likely to take off because of industrial demand.

    Tread with care.
    Turbulent times.
    The price of gold is the one. Concentrate on THAT - not tunnel vision devotion to POS.

    Vidi
 
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