It's reassuring to witness the banks exercising caution by not...

It's reassuring to witness the banks exercising caution by not readily disbursing funds. They have offered BML clear guidance and prerequisites, enhancing the security of their application. BML already possesses a solid foundation, and the additional safeguards will further fortify its position.

In case you aren't aware, the entire Australian economy is currently at a standstill. I am employed by a tier-one consulting firm, and we've seen a pause in 20 million projects from both the Federal government and the defence sector. Moreover, all companies have implemented a freeze on recruitment and are only making strategic hires.

The Australian dollar is hovering near its lowest point against the US dollar, hinting at a potential reversal. When the value of the US dollar weakens, it often leads to an increase in the price of commodities, including silver. This is because a weaker dollar makes commodities priced in dollars cheaper for foreign buyers, which can increase demand for these commodities and drive up their prices. Additionally, some investors view precious metals like silver as a hedge against currency devaluation and inflation. When they anticipate a decline in the US dollar's value, they may allocate more of their investment capital into precious metals like silver as a way to preserve wealth, which can further drive up the price of silver.

I see buying opportunities here..