Levon Resources Ltd (New) V.LVN

RE:RE:silver realism

[cypress44]

The post was basic points, there has been unfounded optimism on silver going up ‘soon’ for the last 2 years on this site and continues, and guess what it hasn’t, hence saying it can drop as much as go up, nobody knows at this stage.

Agreed the amount asked is small, but as a cold call there was no problem and also for substantially larger amounts, bearing in mind there are many other would be buyers out there. Yes the paper market has an effect but eventually the physical demand/supply will catch up, which it has yet to do, hence silver is sold at this price.

Silver tax in Europe is a purchasing factor and considering the EU is probably the largest single market in the world, it can’t be ignored, except by some of course! The fakes coins was more a note.