Member Info for CaptainSwag

Ducati - i just answered your question on whether i remember what happened the last rns and a lot of other negative comments you made about the share eg do we believe silver shortage and how much the energy costs to extract will be

yes i do believe in the silver shortage so the price will ultimately reflect this.

fres mostly use renewable energy - i can't remember the figure exactly but seem to remember it being over 80%

the big boys are making money out of this war..cream the metals ..explode oil price then cream oil just as quick

it is painful to see a huge loss in portfolio but i believe it will only be temporary as the fundamentals have not changed - supply v demand

fwiw i am not an expert on Iran - but i do think it was prob a good thing that action was taken. even if to learn how to handle it next time. and my suspicion is that the war will be stopped with both sides claiming a victory of sorts..and would not surprise me if gets repeated again at a later date

Ducati - yes I can. The market is vent and designed to take your money imho. They know people will see an update of immense profits and so buy in. Then it gets crashed .

Which is why people try to explain it with the market is forward looking blah blah.

Do you really think that the so is not going to go up ? Bearing in mind even in this complete xxxx show of a war ..silver is going to be in profit by multiples of what was made last year

Already we can see any hint of war over and there will be a nice recovery

Imho nobody can afford this war..it is not like the one tucked away in eastern Europe for the last few years.

This war will have to be sorted out a lot quicker

Ducati - yes i remember reading about the huge profits in the last rns

sounds like they are doing terrible - and that was with revenues on just over 40 bucks

i guess you are saying it is gonna be worse next year?

"back in early 2023 when FRES was 900p and saying it would double very soon. Of course it then halved..."

well he wasn't wrong over the 3 year period - was he?

look the price has been battered but the fundamentals behind the rise in the last year haven't changed - eg supply v demand and paper v physical war

just the war has thrown everything into turmoil.

it could be as quickly resolved as it started - fingers crossed

Yes the price of silver is crashing again before us open - as they know they will crash it anyway!

Jmax...we agree on this . Market is totally rigged.

Unfortunately with fres you have two mechanisms

The completely bent crimex

And then the lse.

I am not worried but I am extremely fxcked off seeing my portfolio at present .

Nothing has changed on the silver front..

Ok more bills on fuel.

But still a massive shortage

Heard crimex is down to 86,000 moz

Yep jmax ..that is all we need now..you leaving your mums basement and getting on a dinghy.

It is an expression mate... Like saying " who do you think you are Lewis Hamilton"

I have no interest in him one way or the other.

But as usual .. Nice nothing burger.

Pavlar - i don't mind people who actually make a prediction with a reasoned argument. As you said nobody has a crystal ball we get things right and we get things wrong. That is the point of the board. Listen to others opinions etc

It is the ones that say nothing...but then constantly have a dig at those that did say an opinion - which went wrong ( hopefully only temporarily)

Trying to impress a board of anon members that they are gurus .

Current prices are factored in

Market is forward looking

You don't understand the agenda

Is a nothing burger..doesnt make you the next Warren feckin buffet

"Far from it as I said that current PM prices are priced in to the SP."

except when you say "the market is forward looking"?

which is it?

sorry just a constant nothing burger -

vague nonsense

"You clearly do not understand the agenda."

Another nothing burger.

Why not tell us?

Much easier to say nothing and then be clever after the event I guess.

Fogg..when the war happened that caught me and many others by surprise. Fwiw I think silver will be going back up there

I guess you are now one of those that are going to say you predicted it all perfectly?

With economies falling into recession - this war cannot be afforded long term.

the reason trump wanted support was more about legitimacy rather than fire power.

it will be ended when both sides can proclaim some sort of victory

My suspicion is that the war will come to an end soon. both sides claiming some sort of victory. usa claiming damage done and iran claiming stood up to yanks.

then oil settles down and focus on silver again as big money swings in

The reality is that with energy costs through the roof profits will be seriously hit every day. I believe that is one of the things being factored in.'

Not anywhere near what profit they will be making

Besides if the cost of extraction goes up so will the price .

They won't be selling it at a loss..all the miners will face the same costs

Industrial needs will have to be met

No i think that as drops have often been multiples of silver drop we have just ended up in this situation

when it first rose to 64$ we had no idea it would go up to 120$ or stay at 80$ ish

the reality is that every day huge profits are being made even at 80$

Lemon ..all those missiles are using silver up. Vaporised.

They will need to build replacements needing more silver.

The fact that is an industrial metal as well as precious should give us a certain stability which gold won't have

Strike - it might go lower

But it is only a matter of time before it can't be stopped going up.

The enormous profit this year will soon have to be recognised

Silver price is only good Ng in one direction.

The mechanism for manipulating it's price is going off the rails

The market just loves shopping money around so the little guy loses heart and caves in

If you have done due diligence you won't be sweating as annoying as it all is

Company is dead mate..

Tried to tell you all but a lot would rather get vicious about it all

For the first time gumby has hit the nail on the head .

All this "the market is forward looking " is just people trying to make sense of a bent market

The market crashing on updates is not forward looking...it is just a mechanism to make money off people piling in believing the sp will go up

Silver price will go up when the big boys are ready for it or can no longer manipulate things

At the moment they are having fun with oil