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22.5¢ maronan metals limited

Ann: Strong Assay Results 1520g/t Silver Best at Maronan, page-21

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stelios

925 Posts.

152

15/08/24

15:24

Post #: 75223194
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Originally posted by toneboy: ↑

I used to be the biggest Silver-bug evangelists around. Lobbying family and friends to buy silver. I have never sold an Oz. However I believe that most of the optimism is based on skitz-logic, necessitating crazy back door agreement for new currency backings etc.
I think silver isn’t a financial asset like gold, anymore, so the GDR is meaningless.
So the only reason to invest in silver is a commodity like any other, or because you believe currency collapse is around the corner.
If you hold for 50 years you might be able to wait for a good return, but not everyone can,

Expand

The US Ponzi scheme will end in October after the next BRICS meet.
The Japan Carry trade is no longer profitable, so who is foolish enough to buy US Treasures (Except US itself)?
Th US has to suppress precious metal prices, so the rest of the world does not wake up.
Not to mention the debt per US Taxpayer

MMA Price at posting: 22.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 22.5¢		Change 0.015(7.14%)		Mkt cap ! $43.26M

Open	High	Low	Value	Volume
21.5¢	22.5¢	21.5¢	$22K	100K

Buyers (Bids)

No.	Vol.	Price($)
1	2400	21.5¢

Sellers (Offers)

Price($)	Vol.	No.
22.5¢	39450	1

View Market Depth

No.	Vol.	Price($)
1	2400	0.215
3	14293	0.210
2	51200	0.205
4	38050	0.200
2	58000	0.195

Price($)	Vol.	No.
0.225	39450	1
0.230	18627	2
0.235	5420	1
0.240	4150	1
0.245	7856	1

Last trade - 12.37pm 18/09/2024 (20 minute delay)

MMA (ASX) Chart