[youtube]http://www.youtube.com/watch?v=-ygJaEPIWQU[/youtube] CPM group seem quite bearish lately don't they?
cpm have always done it that way. it years now that this comes up and its rubbish. basically they say that investment demand can evaporate at an y moment.
in line of their own definition and the guide book study. the industrial usage is only good. the monetary or investor picking up the balance is not going to be used. there are more and more silver being duck up and in the investment forms, so this will not be used in parts of all other things. they term it as useless, we here care to play with those only :lol: $24 is none the less within the realm of price movement possibility. hope to be able to buy more if prices are much more reasonable. price premium is just too thick to swallow right now for maple and eagles.
I got the impression that she was saying the timing of the "fiscal cliff" scenario before Xmas was good for silver prices in that investor demand soaked up the excess supply not being used by industry. To me, this logic holds some credibility. I also think it is plausible that if the world economies "go down the toilet", there is no reason why PM prices can't tank along with drop in both industry and investor demand - "as was the case in 2008". The to 'da moon scenario assumes a currency crisis, but it seems there is also the possibility of a plain old "tanking" too.
I also found her hard to follow. The one thing I found odd, was that the whole time she talked, with all the books behind her, the only one that could be read at all or even guessed at was "SILVER". They probably just found an Asian girl, knowing we would assume she is smart because she is Asian, and also has allot of books, and is a foremost authority on the silver market because she has a book called silver!