Bayhorse Silver Inc V.BHS

Just another reason for hope for silver...

[ardbegoil]

In the next few days or  weeks....There are several factors coming to a head simultaneously...Next week  on Wednesday is an important milestone for the bullion banks of which some are on the brink of bankruptsy...The quarter ends and the swaps have no way to square up,....the gold swaps are offside to the negative at all time record levels,...rumours of some Euro banks on the brink of a collapse,....accellerated bankruptsies being reported this week and more to come,...suspended bank share  dividend increases,..virus phase 2 and even worse than 1st wave...if just one Euro bank collapses there will be a run and many others will follow....106 million loan defaults in America alone reported just this week and economy opening cancelled....Lets all get real and face the fact that this system is toast and silver and gold are our last straw to grasp onto....Deflation or inflation about to occur and it really doesn't matter which one sends us down.....The rush into gold and silver and precious metals shares is within days or weeks and I expect both at the same time.....Not much patience is now required so......best to all

[sage4050]

It all sounds so inevitable the way you put it.  

[NoRetire]

Gonna call you Rembrandt cause you paint a pretty picture. Sage, Ard..... Supra here.  I'm totally out.  4 years of constant disappointment, as well as Trump and Trudeau was just tooo much.       Ard, with your great narratives on how the gold/silver markets will unfold as the decades of filth and greed can no longer be hidden, while always great and informative, they

[NoRetire]

oops, XRO

[ardbegoil]

Good luck NoRetire and you are mostly correct about BHS and I have personally expressed I think it will take the really big breakout of silver to get something to happen at BHS...So here I wait but glad to hear someone managed to break free and recouped their money....Changing horses in midstream has never worked for me and now it seems the crash will come any day....best to all

[sage4050]

It's tough when you call it quits after all those hopes, promises, anticipated events.  But, isn't it so true, when you are finally free of BHS you feel so much better.

[wanderer9641]

It is a contrarian indicator

[NoRetire]

No, its a bank account indicator.  After 4 years, its back up to where it was before I bought BHS.  Dead money here

[wanderer9641]

ontrarian indicators do not care for reasons - You left after a long haul because you found something else. Good for you but still fills sign of contrarian indicator.

[argo0523]

NoRetire, Its always frustrating to look back and see how long an investment has been dead money, for me its been six years now. I finally unloaded some of my bhs stock over the last few months and am up over 400 % on the reinvestments.  I wish i would have sold it all as there always seems to time to get back into BHS and i will probably be buying more as it falls back. The hardest thing to

[ardbegoil]

Even buying back into BHS at 20 cents after a 400 % gain in another stock will be ok anyways. ....When BHS goes it will be fast and furious since there are less than 40 producing silver mines in the world and there will be a lot of money chasing after those few stocks....Capitulation is part of making a successfull market so it is all coming together as it should...Thanks everyone for your honest

[argo0523]

Ard are you holding any physical silver and gold? I think if things fall apart in near future and drive metal prices skyward it may be wise to also hold gold and silver coins. I plan to start purchasing some soon.

[argo0523]

To add to my previous post as to my reason to hold physical gold and silver . If we do have a massive collapse of the markets there may be a possibility that goverments shut down the market for a period of time not allowing anyone to actually benefit from huge gains in metal stocks. I know that is a bit of a longshot but nothing is impossible.

[wanderer9641]

Did you get any of the last - .05/.10  PP/Warrants for the silver?

[argo0523]

Yes i did. I used to own several 100 oz. bars of silver but sold them back when it was over $30/oz. Will probably buy bars again as the premium is less than coins.

[11111111]

That's the reason i'm staying long.

[Laliberte2020]

Sage you are not free from BHS, I can see your FOMO from here. You are not free when you're thinking about it everyday.

[sage4050]

Are you serious?  NEVER NEVER NEVER.  Expecting production this week are you.  Nite going to buy the drinks, real soon.  Nobody but a few diehards care anymore.