TSXV:SLX.P - Post by User
Comment by
hiker1on Jan 08, 2011 9:02pm
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Post# 17944447
RE: Reload
RE: ReloadI just heard a darn good interview with David Morgan on the Financial Sense column. He raised some extremely valid points for silver going forwards regardless of the latest attempts to supress the prices with the false claims of an improved economic outlook for the US. Eric Sprott is so bullish on silver that he just set up his own physical silver fund in the last 3 months. He states that 2010 to 2020 will be the decade for silver. Even though there is quite of bit of lowgrade silver produced for consumer electronics which comes from sources like BP HIlton which is derived more from the base metals , as in, zinc in this case, there is very little that is of investment quality which would produce bullion and coins and jewerlly. New demands are placing an ever increasing demand on the existing sources of silver; water purification, solar energy and a huge investment demand are all now weighing even heavier on a small production stream of resources.
If you would care to hear the interview and a few others, go to Brent Cooks exploration insights or the Financial Sense site or hopefully this link here works. If so, click onto FSN: Metals Report.
https://www.financialsense.com/financial-sense-newshour/guest-expert/2011/01/07/david-morgan-brent-cook/decade-of-silver-junior-takeoversAt the sp levels SLX is at now, I would most certainly pray one of my other holdings releases its news so that I can use that opportunity to increase my position here.........
GLTA