What silvshit doesn't post is what I was alluding to. They will be selling MORE silver next quarter and as the POS goes higher, his numbers are a thing of the past. MY point is, Wall Street has NOT priced this in yet. Furthermore, we all must understand the real driver for silver and gold are the DOLLAR. Durable Goods orders this week are more than likely to have a dampening effect on the decent economic news of late. Future stimuli are not out of the picture as many would have you believe. Weak Dollar = stronger PM prices.
Couple weak dollar, stronger PM prices with Weak dollar = stroner equity prices coupled with increase in production for SLW over next 12 months and we have a very healthy environment for strong gains in SLW and other select AG/AU miners who do NOT hedge. GL