RE:RE:Bryan's will strike soon in silver. Prepare your cash !
Brain !
Great to hear the start of exploration drilling at Lauriston, should be a constant flow of news for the whole of 2021 from both FSX, and LVX news should start soon as well.
From one "oldguy" to another, wIll have to respectfully disagree with you on silver's future price. Regardless of what many people believe, that in order for silver to gain any traction, it would have to be re-monetized, the vast majority of precious metals investors don't have an inkling of the new technologies already being developed.
SIlver is the key element in alot of the new technology energy generation systems. Something to do with the differential potential of the two isotopes of silver and the ability to harness that differential. From the limited understanding I have of new technology, this process, for example, can take 500 watts of energy and convert it into 50,000 watts, a 100 fold amplification. Something like a Tesla clip. A few solar panels on your home, or any remote location, etc etc ... and a component using this new amplification technology, a little economic stimulus from all the "eco-nazi" authors of the "globalists' green new deal", and voila .... silver outperforming all other precious metals for years to come.
As others have said, silver is also used in medicinal capacities, electronics, armaments like missles, as well as a store of value for the masses, most of whom can't afford gold. The founder of this Stockhouse website, Jeff Berwick, who sold off this site close to a decade ago, has been a strong advocate of BItcoin and other cryptocurrencies since 2012. He has recently begun selling small portions of Bitcoin and is buying silver. How many other crypto people will be flowing gains into precious metals ?
China's strategic reserves of silver have diminished over the years with their manufacturing of electronics, Russia is purchasing silver in large quantities. Supplies of above ground silver are becoming more difficult to obtain in large amounts according to bulion dealers I listen to, (ie 1000 ounce bars the preferred choice of manufacturers). I would not be surprised that alot of gold and silver bullion will be purchased by Bitcoin "investors" in the coming months as they take profits.
SIlver comes out of the ground at a natural rate of approximately 11 :1 ounces silver to gold.
Most of the gold ever mined is still available, whereas silver is usually disposed of, and not reclaimed. Silver is the most undervalued commodity on the planet, and the banksters and Crimex are losing their grip on their artificially suppressed paper price.
I also recall the Hunt brother's attempted cornering of the silver market back in 1976 - 1980. My parents sold quite abit of 1950's silver dollars off in 1979 at $45-$50 /oz ...
Do you ever check your private message box on Stockhouse, ?
GLTA !