RE: Share price15 Dec 2020 15:12
Max111 Re the Silver price: I personally won't get excited at all until it pushes through $26.00. From memory it peaked in November at around $25.52?? Forget previous years as there's too many variables which have changed and new ones added.
Therefore, I would advise caution until we get to these prices again and then maybe the brakes can come off. I have to say, I'm not a Chartest by any means and prefer to look to fundamentals and I'm still NOT of the opinion we're going to get to the dizzy heights of +$50.00, but I would prefer to be proved wrong for obvious reasons.
To back up my price theory (and it is a theory) is due to the industrial pressures and cost to businesses. I cannot see the likes of Tesla and other major companies wishing for silver to rise too high. I think we're all agreed that silver prices have and are being manipulated. It just means that those powers that be will go into overdrive to stop or at least slow down the price.
Hopefully we can have a sensible discussion about this from both sides with no mudslinging or name calling. Just differences of opinion.
What I will share with you is that I was here purely to make my xx% profit and move on. You all should know this by now as I've stated it a couple of times. However, having looked again at the RNSs and from other sources, I might as well ride this out for far longer than anticipated and travel with you on a medium to long term journey. Didn't think I'd be saying this, but I'm being honest.
In summation, I'd say hang on to your hats prior to $26.00 !!!
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