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Anybody in DSV? I think too soon, then I think maybe not if the Silver price really sets off. Jupiter in for a chunk, so already hold some through the fund.
One that is worth watching, put up on GGP, it's 1.5 hours. "GOLD: The Real Thing? Pierre Lassonde, Eric Sprott, Michael Oliver, Luke Gromen & Ned Naylor-Leyland"
https://www.youtube.com/watch?v=Zw_WIfbvxuM
Maybe enough for a cheap bottle of Tequila?
Https://www.silverinstitute.org/silver-industrial-demand-rose-11-percent-to-post-a-new-record-in-2023/
Easier to read and digest.
"Fourth, given the supply-demand fundamentals, I believe that the silver price has a strong base and over time will be higher,
probably significantly higher." Chairs statement.
Fres still No.1 producer in the world.
Https://www.silverinstitute.org/wp-content/uploads/2024/04/World-Silver-Survey-2024.pdf
Https://www.silverinstitute.org/wp-content/uploads/2024/04/World-Silver-Survey-2024.pdf
Always worth top slicing when the money is on the table. Hard to do, but more often than not the right choice. Norm, I have one share worse than this one. Made the right choice with GGP, so on a virtual free ride, makes the long wait easier.
3 types of LTH's
1. Those who bought years ago, maybe as long ago as 20 years, they have been wiped out. ( Would take a miracle for them to recover losses )
2. Those who got in pre the 2021 rise, they may still be in profit. Failed to take large profit on offer in 2021.
3. The 2021-2023 buyers, who are down about 75%. ( I'm one of these )
GLA.
Out on ASX.