Thanks Hans. Reasonable point.Sorry to see El Capo taking a...

Thanks Hans. Reasonable point.
Sorry to see El Capo taking a little umbridge over what are calculated guesses.
In the drift of time I am sure all these predictions will not be correct. Including my edited original post hereunder.

I am comfortable with the general submission but as I indicated it is based on a relatively stable silver price.

El Capo appears to indicate a crash in silver price.
A world wide financial crash would have such an effect on price of silver. Not a rush to purchase silver at high prices. That could come at a later stage if printing of money becomes out of control and inflation rockets.

Some disagree with El Capo as technical approach to predictions using charts is both controversial and unreliable.
El Capo might well accept such disagreement with a wry smile. If proved correct El must remind us when it happens.
That is the way!

After all my predictions could turn out to be completely wrong. Which will make me a little quiet.
However if close to the mark will point this out as the months progress.


ORIGINAL THREAD POST EDITED ---------

The consolidation of CCU share price following announcement of first pour has been as expected and predicted.

The next move will be in anticipation of third quarter profits and share price will move second or third week of October and before profits are announced.

A move in share price into the 80 cents plus range is a reasonable expectation.

The following and worthwhile waiting for move will be when the fourth quarter profits are announced with the share price moving once again before the profit figures are released in the second or third week of January.
A move to above 90 cents would be a minimum expectation but above $1.00 would not surprise.

Naturally the market price of silver could shake these guesses. Positive or negative depending which way the price of silver is moving.

Those who are hoping for the destruction of world currencies through money printing and rapid inflation leading to gold and silver being a currency of choice are dreaming.
Note the sliding value of Euro has not stimulated massive accumulation of silver and gold by those affected and no subsequent surge in price of precious metals.

CCU is looking good in the six months ahead with greater possibilities in the future.

Vidi