Next Couple Of Quarters Are Going To Really Significant GSVR ready and able to take advantage of silver prices going up. There is a good chance that silver will hit 50 bucks by mid 2025. Rate cuts are coming.
- peso weakness, now at 19.65ish. GSVR mines silver and gold in Mexico. So, labour costs go down significantly as the currency weakens.
- FED rate cuts will drive silver and gold up. First cut is in Sept. Two more cuts likely this year.
- silver is in deficit. Demand from India and China keep prices high. Shanghai offers a 10 percent premium which means the metal wiill flow east. This is both from an investment and industrial demand perspective.
- geographical tensions remain high. Numerous flash points - Ukraine, Middle East
- G silver intends to ramp up production further. Also, various plant improvements are expected to come online
- silver and gold will continue to make new highs. There are many reason for this. Moves will be sudden. And unpredictable