Silver Cheap as Dirt ?
We don’t really welcome PM Permabulls here.
See the Mission Statement on the sidebar
They can get PM enthusiasts in a mess and do so often.
However I like this Mike Maloney .
Take it for what its worth
We don’t really welcome PM Permabulls here.
See the Mission Statement on the sidebar
They can get PM enthusiasts in a mess and do so often.
However I like this Mike Maloney .
Take it for what its worth
He is only referring to unprofitable miners like AG, EXK and others low quality companies. Big producers like FRES have AISC costs of 8$, Mag has even lower costs of 4/5$. And do not forget that 80% of silver production is a by product of zinc and other base metal mines. So better forget the argument that silver has to go up or production will collapse, as this is not the case, maybe with gold it is, but not with silver.