WOW!Just stopped by to catch up on things. Its all very thought provoking. I come up with questions rather than answers.Not sure what to think here.
First of all, I am out of the sector since the key for me is the basic question: when will gold and silver be 'released' from the jaws of the 'fixers? When will China (and Russia) have enough gold to let er rip? Why has China barred Bitcoin/cryptocurrencies today? (who needs cryptos when gold becomes the standard). Will the same old COMEX paper games continue? How long can they (U.S) control the 1000 to 1 leverage? when will papaer truly bifurcate from bullion fix? Will the 'West' stay with paper while China et all go to the gold standard? How long can that last? Will Trump declare a bankruptcy? He has hinted of a gold standard in the past. why? Does the U.S. have a secet supply of gold? What about silver ... it can't be supplied and there is virtually no above ground stock like gold. On and on it goes.
My guess is that we still have a few months before we get an idea of what the H is goiing on. We are getting tha same old slop about the shorts being way down on the futures exchanges ... like it never happened before. I'm sick of all these games. Not only that, but i have never seen the manipulaiotn so bad in the markets and IIROC is a joke. The venture exchange is worse than ever. I hold a amazing growth stock that has a solid, huge growth ongoing in a new and growing streaming tachnology area .. and on very good news with great, constant news and revenue established on deck ..it has been ruthlessly trashed. I have seen it all in the PM sector as we all watch helplessly and get hose dby our so called regulators and watchdogs.
As for BHS; could G.O be figuring that he got a steal that he can sell for a very nice profit 'WHEN' silver takes off? Is he planning on getting a great offer for BHS? ... and will take the dough and explore the new property? Will he keep diluting and carry on with both ventures? Needs a lot of dough for that UNLESS silver takes off. What about the potential that exists now for BHS? How much cash flow could/will there be from ongoing/future processing of rock? What will happen when interest comes pouring in to the PM sector? What will a BHS be worth if silver shoots to $50? That is te question I have asked myself for years now. Dumb me. BUT, it will happen.
Got me folks but we are gettiing very near to some real fireworks in the economy, political arena, technology, markets, etc. AND there are very few REAL growth sectors out there right now. When it all comes down we had best be in the PMs somehow. I am keeping all my shares in a TFSA because your stocks cannot be loaned out for margin FYI.
Keep the faith.