Loading ...SIlver Monthly @ 14.39
Below extended NL from 2008-2009 and 1983 price.
If breaks this support next stop will be $8 or may be $4.50.
ALL ROCKS will be bankrupt.
Midway diamond BO to down for Silver to gold ratio. GSR is hugging the upper line at 100. If it breaks a new high in GSR ever!!!!
Thanks Sir Bikoo for keeping this ratio highlighted
Bob is and always has been THE problem child of the PM Complex.
Gold is and always will be a safe haven for many investors
But Silver ?
With alternatives like crypto who needs silver ?
I believe I have entirely too much of the stuff ( phys)
Back in 2001 the Sunshine mining company went bankrupt it was the largest primary silver producer in the US at that time but $4 silver was not enough to keep them in business. Two years later in 2003 the new silver bull emerged. I am believing more and more that a wave of mine closures is what will be needed to finally defeat the paper silver price suppression through unlimited promises to deliver silver.
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