Member Info for BuggerTheBanks

Https://ceo.ca/@globenewswire/mag-silver-announces-robust-updated-technical-report

Currently sitting on 50% (paper) profit. Thinking of cashing in...

Another day...

Another higher open...

And another slide lower.

A 50% devaluation of the £.

It makes no difference to this absolute dog of a share. Somebody take it out the back and shoot it.

Sit on your hands. It's going lower

I think we need to face the fact that we all backed the wrong horse. I did well to take profits back at £12 - £13...not so well to get back in at £9.

Whilst it's true that sector sentiment is probably at an all time low, this share is just dog nod. How many people here are actually in the green at current levels??? The coming resurgence in inflation will be a death knell for many miners, and will shatter confidence in those that survive.

Never would've believed you'd be better off sitting in cash when inflation is (was) double digit, but that's exactly what I should've done. Sickening.

I'd bet BIG against that.

MAG Silver Corp. reports preliminary 2024 guidance for the Juanicipio Mine jointly owned with Fresnillo plc.

- Silver head grade at Juanicipio expected to range between 380 grams per tonne (g/t) and 420 g/t for 2024.

- The plant is anticipated to operate at nameplate capacity per operating day with an effective utilization of 91%.

The bond market was moved not by the September 2022 "mini-budget", but by the BoE coming out the day before (Thursday) & announcing QT. Go back and look at the intra-day graphs. BoE statement was at noon on the Thursday (the day before the mini-budget). Bond yield spike initiates TO THE MINUTE at the precise same time as the BoE announcement.

BoE caused the crisis, then was seen to be riding to the rescue.

Bushy, £8 by year-end???? I'll send you a free copy of my forthcoming book: 101 Recipes For Hat. You're going to be eating an awful lot of it.

And they call it "investing".

We should get double downgrades more often, if this is the effect on the share price.

Interest rates (& inflation) are going HIGHER, not lower.

Don't bank on it.

The CRIMEX has an unlimited supply of paper contracts, and as we saw on Monday last week, they're not afraid to use them.

The wheels must've come off something big. Gold going up like Devine Brown goes down.

My guess is news is coming tomorrow. Certain people have just been tipped a wink in advance.

Can't be bad news.

ZeroHedge picking up on the same...

https://www.zerohedge.com/commodities/german-govt-agrees-provisional-siemens-energy-guarantees-amid-wind-crisis

Interest rates are going HIGHER, not lower.