TSXV:PAV.H - Post by User
Post by
OldGoldon Jan 31, 2021 4:47pm
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Post# 32432582
Could be a big week ahead for Silver.
Could be a big week ahead for Silver. This week could be interesting on the silver front. Is the penny about to drop on just how manumitted the silver, and gold, market it? I am waiting for the flight to Bamako, and thinking about what the heck is going on with silver. The silver grades at Cascavel mine are some of the highest I have seen in forty-plus years in the industry. So silver is going to be a big part of the project in the future. " I think that when it comes down to it, silver of any description ( paper and physical ) will be sought by every man and his dog everywhere. Especially as Basel 111 rules are implemented on June 28th essentially eliminating unallocated metal.
Same applies for gold although it looks like gold will lag.
There is certainly the possibility that Basel 111 could be postponed if things go wild (and that certainly isn't in the realms of fantasy) but it will be irrelevant as gold will be promoted to tier 1 status and unallocated paper will be just that. Paper.
Shorts have got a problem.
Money printing and corruption by the fraudsters may well be finally becoming consequential.
We shall see."
"If Silver market is proven to be fraudulent, you better believe Gold market will be next. HUGE implications especially for countries that have de-dollarized and central banks with large Gold holdings. #silversqueeze " Two posts from others that know more than me in this area. What a great time to be in the Gold and Silver sector. 