Impact Silver Corp V.IPT

$100 silver ahead

[Crashcomingsoon]

$100 silver ahead : https://www.kitco.com/commentaries/2021-03-31/-100-silver-ahead.html

My Comment : $100 Silver is entirely possible given the massive global debt and the CB response to it of printing without limit. Throw in inflation and the Green New Deal and watch out.

Excerpts:
But the reality is that so far in 2021, silver is down 9%. And meanwhile, nearly all the fundamental market drivers have remained intact. It seems the pressures on silver prices are likely from two angles. The first is after such an impressive 2020, it was due to correct. That's what bull markets do.

The second pressure point is a rising US dollar index, likely thanks to rising long-term bond yields. However, it's important to consider that this trend will also run its course and exhaust itself. That could happen naturally, or the Fed could intervene by imposing Yield Curve Control.

But higher yields are a sign of soaring inflation expectations and burgeoning economic activity. And a stronger US dollar, which favors imports over exports, is probably not a favored outcome for central planners.

If we account for inflation, and that's massively understated “official inflation”, then silver prices peaked at $120 in 1980 and around $57 in 2011. Today's price near $24 is still well below those levels, suggesting a lot of upside remains ahead.

In fact at $24 today versus the inflation-adjusted $120 in 1980, silver is currently about 80% below that peak. And yet, current economic fundamentals like debt, deficits, spending, interest rates and supply/demand outlook are so much more bullish, that the 1980 $120 level is likely to be easily surpassed.

[looking4details]

If you follow David Morgan, he has stated that the inflation adjusted price of silver from the $50 high, it would be over $600. With the price suppression because of paper shorts, who knows what the real price is.  In the end, I believe the true price of silver will be what the physical buys and not what they tell us what it's worth. Catherine Austin Fitts made a comment to the effect

[greendayyyy]

WOW a big .06 rise with two nice days of rise for the money. As soon as this handled dog gets back around .95 if it is capable of it I get out quickly. Even at $100 an ounce of silver this dog is not worth more than .15 and I am generous.

[looking4details]

With such a high beta to the price of silver, I'm going disagree greendayyyy. feel free to correct my numbers, but I believe the AISC on their combined properties is approximately $20 per oz.  At the current price of silver $25 US per oz. that leaves a $5 profit margin per. $75  / $5 = 15 so 15X profit margin increase by my math, would equate to 10x or so in the stock price.  

[Crashcomingsoon]

$100 silver would mean $80 profit margin which is 80% of $100.  $25 silver would mean $5 profit margin which is 20% of $25.   Profit increased from $5 to $80 which is 16 times.

[looking4details]

I stand corrected.

[Thales42]

Careful what you are wishing for.  Silver at $100?!!!   Have been waiting for $30 since 2013.   I am Thales and not Casandra, but silver at $100 will see cost of production sky rocketing, Mexican government and local power structures suddenly discovering Impact and slaping the company with wealt  and protection taxes. Silver at $100 will also see a great deal of

[Crashcomingsoon]

I would just like to see a free market where price is determined by economic fundamentals and not artificial suppression.  When there was a threat of a short squeeze in silver, my broker, Charles Schwab, removed all margin on silver mining shares.  It was pure manipulation by Schwab and it could cost a small investor a lot if he suddenly got a margin call on all of his silver miners.