Member Info for CaptainSwag

Fog..it is crazy

Silver currently just up on the day .04%

We are down 2.7%

So we all potentially lost everything had in evraz and when it suits them- no sanctions

Feckers!

His observations are still valid and reinforced by many of the silver commentators .

Paper v physical still has the same problem. And it will get worse next month

Lol.

Yes he does come on here to try and impress us that he is the next Warren buffet or whatever.

No doubt grounded in his mums basement for stealing the money hid in the cookie jar.

Grok tells me that fres is sitting on 2.5 billion ounces of silver valued at Best part of $200 B

And 38 million ounces of gold which is another $200 billy

"Are you saying that FRES at £37.00 - is based on silver at $40."

so why don't you enlighten us all on what price of silver it is based on? instead of the usual nothing but " market is forward looking" nothing burger

jp morgan have set a target of 5500p

That was a good day.

Nice to see fres taking silver gain and a tiny bit on top.

More tomorrow please

Lets just say fres had all expense in cost of 30$ per oz and last year at 43$ they made the massive profit. i am being ultra conservative here

if this year the average is 80$..then profit would be x4

the big boys have moved into miners because they know that even if silver stays the same or even drops a little - massive rise in miners should be due

The thing is fres has dropped multiples of the silver price but never seems to recover the same way.

ie when silver dropped 0.5% we dropped 1.5% or 2% etc

which is why we are falling behind the curve. why hoc recovered back to its ath of end of january and then went beyond whilst we never got back. i had hoped the trading update would sort this out. cos it is really frustrating

Currently 88$

my guess or hope is focus will back to pms

Thats more like it

now we just need to see fres respond to this honestly

Things is silver is also an industrial metal..

So it is not just a safe haven

The demand hasn't just disappeared ..

Not have fres profits despite what the drop on the market would like you to believe

"The market is forward looking and with oil prices rising.........."

yeah cos silver is never going to be needed again.

just remind me how much silver is vapourised in every tomahawk? every solar panel?

how much is needed v how much is produced.

oil is having its moment - does not take away from the profits fres is going to be making this year

market is designed to take your money - if you let it

I don't know about 150 but I do think we will hit 120 again.

My guess is that with new changes in india that April will see some significant upside ...maybe before if the market is forward looking ..lol

Hopefully this war is over soon and things go back to begining of the year

Ducati.. fair enough on silver drop..but we are dropping multiples on every silver drop.

Eg yesterday we dropped 3-4 % on what was a 0.5% drop on silver.

I am wondering if pepes have sold silver to try and piggyback the oil rise?

The reality is that nothing has changed in terms of silver shortage or fres ability to make huge profit on current price.

In April there are big changes in India which should again boost silver.

But if like me you have a lot invested it is painful to see the portfolio at present

I think enough proof has been shown on here that the company uses mainly renewable energy.

So the remaining 15% or whatever it will increase yes..but hardly worth decimating the sp.

We are still 40 bucks over the average price for silver achieved last year.

Crazy stuff

Lemon..this was not from a gov source

Imho the gov don't want us to know how many terrorist attempts are foiled constantly + as it would lead to some uncomfortable conversations

Lemon there were apparently 20 terrorist attempts supported by iran for the UK that were foiled in the last 12 months.

The issue is them picking a leader he agrees with...can't see the current regime doing it easily

It is a pity that the people haven't risen up - seems the majority don't like current regime ?

It is their best and prob only chance

I suspect with silver dropping in the 80s crimex can function without stacking the cards.

Good to see silver up 2-3% this morning and we barely register.