Member Info for 5x5Croire

Maybe because the silver price on Friday was $26.33 = £18.98.
SSLN to buy £18.14 - I hold this.
At £30, what premium is being paid? Too much.

My reading of it is - 17/3/21 Sprott said they had 128,929,563 oz. of physical silver 129m x $25 = $3.225bn

They are paving the way to double the $ holding, which price dependent, may not meaning doubling the holding of silver. there has been much talk of ETC's that do not hold the physical, perhaps they just expect a move of investors to Sprott as they do actually buy and store the silver. Maybe this move has already started, so again why they would do it. I have not read their prospectus, so could be wrong. I do follow Sprott on twitter, but have no intention of buying PSLV, so haven't looked further into it.

Need to say that with a Scottish accent...

Must admit I've never read a book on investing. I think the way you trade in Aim is different to the Main Mkt. I work on -15%/+30%, but don't always stick tightly to this. Results and sentiment play a huge part. I now never put more than 2.5% of my portfolio in an Aim share, but not set in stone, the younger you are the more risk you can take. Hardest lesson to learn is selling the dogs, getting over it and moving on, without looking back.

I used to spend a good hour each day, reading RNS's. Had a couple of guys I followed Jim Rogers and Justin Urquhart Stewart, who used to say "There's nothing wrong with cash" - when it was time to get out of the market.

No doubt metals are the place to be on Aim currently - but need to recognise when it's over for this sector. Could be years away. Metals also the place to be on the main mkt.

I trade, L&G, Rio, Barc & Fres for percentages. Still get it wrong, sold L&G too soon and sold Barc last week, time will tell on that one, still holding the other 2.

Not sure this will be any help to you sMiller. Good Luck

Some have been on the Pop early.

Amusing to see the Swiss don't actually mine anymore, stopped in 1967.

LOL! We're British, favourite subject - the Weather.

I know I've flown over it, endless red earth. Great country.

https://www.bbc.co.uk/news/world-australia-56466310

ps it's ok to say you don't have one, if you are under 25, it's usually scatter gun!

What strategy do you use atm?

My SSLN is up over 65%, I am expecting more, so will be holding. Also have some FRES, up on that one too. I do admit to not being an expert on Silver. The utube vid's are a bit of fun, that passes the time and sometimes makes you laugh. Came here for the silver, but appreciate that's not the whole story.

Where there's muck there's Brass - and other metals....

LOL BB, already in for twice my normal amount on an Aim share.

Worth looking in Canada, if you have access to trading there.

Had my last top up, note to self - stop it.

19.7

19.7

Silver is certainly undervalued. A rise in the $30-40, would be more realistic. I went looking for a contrarian view on pm's, for balance. Only found 1 for gold and none for Silver.

$35 - now that would be good

https://twitter.com/hajiyev_rashad/status/1371391861970046976