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Tahoe Resources TAHO

"Tahoe Resources Inc is a mining firm. It is engaged in the operation of mineral properties for the mining of precious metals in America."


NYSE:TAHO - Post by User

Post by peep2on Aug 31, 2017 2:33pm
323 Views
Post# 26643528

I guess we can always buy silver coins, on news I gave in

I guess we can always buy silver coins, on news I gave ina previous post, to help compensate if we lose the Escobal mines part of
THO stock. Something CALAS should tell the indigenous natives to ask
from THO as condition to continue running the silver mine without protesters
anymore. 

Supposedly Silver per oz is already really $1400, when adjust to 1979/80
bubble condition of silver price, before the west crashes and bubbles gold/
silver increases it even more beyond the $1400 price. 
ie
'The Amount Of Dollars In Existence Relative To The Silver
Price Points To Much Higher Prices (ie $1400 from present
$21 cdn, or $24.50 with premium, when compared to 1979/
1980 conditions)'
by Hubert Moolman, Posted Aug 29, 2017
"Below, is a long-term chart of the silver price relative to the US monetary base (in
billions of dollars)"
https://www.321gold.com/editorials/moolman/moolman082917/1.gif
User image
"Note that the ratio, or price of silver, in terms of US dollars in existence, is indeed
at its all-time 100-year low.
 
In 1980, the all-time high was 0.361, whereas the ratio is currently at around 0.004.
The US monetary base is currently around 3 946 billion dollars (or 3.946 trillion).
Therefore, if silver was today at its 1980 value, relative to the monetary base, it
would be around $1 424 (3946*0.361).
 
So, in terms of US dollars in existence, silver is trading at 1.19% (17/1424) of its
1980 high –it is the bargain of the century.
 
There are many signs that point to the fact that the silver price is about to correct
this situation, by spiking much higher. This will come about with a lot of financial
pain, as I have pointed out on various occasions, especially since it will come with
a massive debt collapse."
 
me- It's just that the paper gold/silver COMEX in the US, and LBMA in Britain, 
keep the price of silver so artificially low. China just opened its world physical 
gold/silver exchange in shanghai, july of this year, and could see the focus of
gold/silver trade change to its exchange pretty soon. 
ie
'China Is Preparing To Radically Reprice Gold Higher
As Demise Of The COMEX & LBMA Accelerates'
by John Hathaway, Jan 12, 2017 (which happened in
July without that radical silver price increase yet)
https://kingworldnews.com/john-hathaway-china-preparing-to-radically-reprice-gold-higher/
"Foreign investors can directly use offshore yuan to trade gold on the SGE
international board, which is promoting the internationalization of the renminbi…
Shanghai Gold will change the current gold market “consumption in the East
priced in the West” situation. When China will have a right to speak in the
international gold market, pricing will get revealed."

Comformations of Shanghai's July 2017 opening
https://russia-insider.com/en/politics/russias-largest-bank-makes-first-transaction-shanghai-gold-exchange-moscow-beijing-prepare?ct=t(Russia_Insider_Daily_Headlines11_21_2014)&mc_cid=b7919b0bdf&mc_eid=a87e58f90a


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