Post by
argaiv on Aug 01, 2023 12:48pm
There Is A Lot Of Selling
On the AMEX exchange today. I was not ready for this.
Comment by
Welland on Aug 01, 2023 1:24pm
I beleive that a lot of shorties increased their position today. If we see a gold backed BRICS currency around August 22nd, 2023 the price of gold and silver will fly along with all the precious metals minors. Since it will take around 15.5 days for the shorties to cover their position, they will regret having sorted SIL.
Comment by
FastFF on Aug 01, 2023 3:34pm
You should have been aware, the news this was coming has been out and investors had already sold the stock. With that said, the news isn't near as bad as feared, is already overdone, and from here Silvercrest will poutpreform its peers.