SVL 0.00% 16.5¢ silver mines limited

Silver seats going to be hard to find, page-76

  1. 13,410 Posts.
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    Sovereign Risk is real. Australia and the US are better because their governments actively participate in revenues via royalties. The only change I can see coming is for the governments to insist on royalties being paid in the precious metals themselves. The Australian RBA has a paltry 82 tonnes of gold only (thanks to the sell off by Howard/Costello). Most other countries in the world are active buyers. Makes sense to me at some point that royalties get paid in Gold and Silver.
 
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