Wednesday 10 December 2014

Peter Brandt - Six Chart Reasons Silver has probably bottomed - Technical Target $26

Peter Brandt discusses

Imagine, good miners operating with silver heading to $26 and hope for more instead of $15 expecting less. With energy costs heading to half 2011 levels, local currencies and labour costs 20% down. Capital costs in a market where most metals and energy markets are giving consultants cause to worry about their next paycheck. And everyone has their stink bids in for tax loss selling.

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