I have not posted for a while as there has not been to much to post about. I will say I that I think the new Tungston project will surprise to the upside over the next few years though I really wish they find a further economic deposit at Apollo as it is frustrating waiting for Silver to rise. From a macro perspective, I would not be surprised that Powell keeps interest rates higher for longer than the market is currently pricing in. Back in the 70’s Nixon tightened and then eased to early and inflation sprouted higher again. If Powell does pivot like the market is expecting in the looming recession, I think they will reverse cause rather quickly as inflation is likely to remain sticky. None the less I am extremely bullish on Silver over the next few years. Hopefully we get to a steady silver price above 30 this year. Just some thoughts for the punters. Good luck this year everyone and I do hope mrs Goldy gets a big smile on her face this year.
IVR Price at posting:
4.5¢ Sentiment: Hold Disclosure: Held
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