SVL

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14.5¢ silver mines limited

Ann: 42.9Moz Silver Equiv. Resource for Bowdens Underground, page-13

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Mastatrada

928 Posts.

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06/09/22

09:43

Post #: 63536096
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Originally posted by kellimba: ↑

Call me overly optimistic but in all my years of research and especially the events of the past three; 1.) "health crisis" , 2.) now "climate crisis" , 3.) the bifurcation of the world into the West and East, one with a dying monetary system; the other with a new one ( BRICS ++++ ) China and Russia at the vanguard of these tectonic shifts in geopolitics and geoeconomics with BRI ( Belt and Road Initiative ) linking the Eurasian Economic Cooperation Union members and soon to incorporate the Global South. In other words 75% of the world’s population, translates into gold as the only reserve joined at the hip with silver in a ratio of at least 30:1 but ultimately 8:1 in line with the geological ratio. The current system's demise was always doomed from the get go. Since Nixon abandoned the convertabilty of gold in 1971 actually. Russia ( and China ) have played the geopolitical chessboard in this regard with foresight and intelligence and the sort of resolve forged by centuries of suffering and humiliation at the hands of the West. The first two points above were and are pretexts to save the current US dollar based system. Inflate and die as they say. They were and are cover to print to infinity until the hyperinflation takes all Western USD linked currencies down with it. Lifeboats tied to the Titanic. And the Titanic has already hit the iceberg. So to sum up, gold and silver are set to be repriced, not in the current fiat currencies but in a new BRICS gold and commodities based replacement. When? Too soon for most people to be prepared.

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Can't believe people are still talking about BRICS in 2022... the BRICS story was almost believable before c2012 but it's become pretty clear that China and India are the only functional countries out of that group, and they hate each other. Spruiking Russia as the vanguard of anything besides corruption and military incompetence is frankly embarrassing. Will the fiat currencies collapse in the next few years? Possibly... but I wouldn't be holding my breath that it's imminent.

SVL Price at posting: 17.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 14.5¢		Change 0.005(3.57%)		Mkt cap ! $218.6M

Open	High	Low	Value	Volume
14.5¢	15.0¢	14.3¢	$351.7K	2.412M

Buyers (Bids)

No.	Vol.	Price($)
8	1578089	14.5¢

Sellers (Offers)

Price($)	Vol.	No.
15.0¢	861371	15

View Market Depth

No.	Vol.	Price($)
8	1578089	0.145
41	3394048	0.140
38	1111066	0.135
28	909392	0.130
13	624007	0.125

Price($)	Vol.	No.
0.150	861371	15
0.155	784501	13
0.160	475241	12
0.165	605609	12
0.170	986214	12

Last trade - 16.10pm 09/08/2024 (20 minute delay)

SVL (ASX) Chart

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