Member Info for bonker99

Lots of eyes on this now - I expect the CRIMEX/JPM "price" to divorce wildly from the real-world price of physical but let's see how this unfolds over the next couple of weeks, I'm still a buyer on dips for the forseeable.

Morning, gaps filled then - who knows what happens next.

That's exactly what I'm thinking, people-to-people, however you want to define them.

It really is.

I'm just making the point on SM at the moment that what you're potentially seeing is the wider public giving CRIMEX and JPM's paper nonsense a proper swerve and making their own market - one oz coins are already going on places like Ebay for spot +$10.

This could happen y'know ...

It's still entertaining :)

God you Sock Puppets are a bore ...

New HoD @274p just printed.

Hey.

I also bought from them as they're local to me - expecting my despatch confirmation any minute.

Popcorn time again - $29.7 ...

The money supply chart on here, my God almighty ...

https://kingworldnews.com/silver-price-soaring-on-squeeze-50-price-target-just-issued-but-look-at-this-surprise/

COMEX wobbling already:

https://twitter.com/Barthez05138385/status/1356211899482968065?s=20

Chinese piling in - who isn't?

https://www.reuters.com/article/us-retail-trading-silver-china-idUSKBN2A122Y?taid=6017e76ad7ca330001c4e71c&utm_campaign=trueAnthem:+Trending+Content&utm_medium=trueAnthem&utm_source=twitter

Silver supply/demand deficit and that was before last week of course ;)

https://twitter.com/wmiddelkoop/status/1356197388780765185?s=20

Hello ...

https://timesofindia.indiatimes.com/business/india-business/budget-2021-government-cuts-import-tax-on-gold-silver-to-7-5-from-12-5/articleshow/80628402.cms

Looks like the Silver cupboard is bare, blimey ...

https://twitter.com/bonker_99/status/1356176524454621187?s=20

Well we sure got that one right :)

Who knows what happens from here but you've gotta be thinking that this could be a once-per-decade type of event (*cough* 2011 *cough*) - just hit $30.1 - that's 2x AISC for these guys.

PS: Don't forget HOC's Rare Earths investment I mentioned a little while back either ;)

Not debt-free but net cash positive :)

A whopping +6% gap-up on Silver tonight - that alone has me pencilling in a $70 target.

Inmaculada infill drilling results/resource upgrade expected in February too - you've gotta be bullish here now ...

I still have a £5 target here - two years later lol

From the April 2020 Annual Financial Report:

"Even though currently no part of 2020 production has been hedged, the Group's flexible policy enables the Board to approve hedging contracts to protect cash flow as and when appropriate."

As we're newly debt-free we're likely to be under less pressure to hedge and let the chips fall where they may perhaps - it's a stated aim of the company back in the day to be hedge-free.

Well that didn't take long ...

https://twitter.com/bonker_99/status/1355889593242038278?s=20

#SilverSqueeze trending ...

Physical silver stacking (Silver bars are already toast I think but the Britannia coins are CGT-free ...) + big producing silver miners for me.

https://twitter.com/zerohedge/status/1355614415735939073?s=20

Picked up another 50x 2021 Silver Britannias today.