Silver SwingWell it was fun watching silver nearly close over $30, but here we are under $25.
One of the best things about BHS is that it is profitable with silver anywhere over $12. And its CAPEX has all been paid.
There is every chance silver will drop another few dollars before resuming its rise. 1.5 billion paper ounces were sold today. More will likely be sold tomorrow. At some point people are going to want physical delivery. When that happens it is going to be wonderful to own a silver producer.
I am long and staying that way.
GLTA