Share
147 Posts.
lightbulb Created with Sketch. 25
clock Created with Sketch.
03/05/22
15:57
Share
Originally posted by PeterKing:
↑
Any bets on where the sp goes once it’s approved? Some might suggest that the approval has been factored into the current price. I am not one of those! I suspect that many ‘day traders’ have taken smallish positions and are ready to load up once the approval has been confirmed. Larger investors have already staked their claim and like the day traders, will load up for sizable additional chunks on approval. The ‘approval price’ will also depend on where the global financial system is positioned, in particular the status of the Silver futures price. The way things are tracking globally, I reckon by the time we get approval i.e.before the end of this year, things will be decidedly different to what they are now. To simplify price est to timing, I’ll give you my 3 x scenariosScenario 1 – Approval by end 2nd ¼ Global financial system still spiraling down but not ‘broken’. Inflation continues to rise at a pace way ahead of Govt announced figures. Signs of silver manipulation ending with signs the, ‘shorts’ have almost escaped from their almost ‘hopeless’ position. Premiums for silver bullion continue to edge higher as supply stocks dwindle. SVL tracks silver price but more than holding its ground despite periodic lows fabricated by the last efforts by TBTF short banks to manipulate price lower. Estimated SVL price at June 29th = 28c Approval June 30th , SVL opens at 30c and closes on the day at 45c Scenario 2 – Approval by end 3nd ¼ Global financial system now in melt down. Equity markets down 15% from Jan st. Inflation is now verging on hyper-inflation. Many goods and supplies are unavailable. Essential services are erratic in a broken system. Silver manipulation ending with obvious signs the ‘shorts’ have, maxed out and will go broke unless a Govt prop-up deal is reached. Premiums for silver bullion is ‘off the charts’ as dealers run out of stock altogether. Silver used by manufacturers are now sourcing direct from refiners at inflated prices. SVL tracks rapidly rising silver and is further enhanced due to FOMO and pending approval. Estimated SVL price at Sept 29th = 35c Approval Sept 30th , SVL opens at 45c and closes on the day at 65c Scenario 3 – Approval by end 4th 1/4 Global financial system now in total disarray Equity markets down 30% from Jan 1st. Hyper-inflation is rife worldwide. Supply chain is in tatters. Supermarket food, electricity consumption, heating and vehicle fuel all subject to rationing. You get what you can – if you can at whatever price! Bank of America has gone broke, initiating a mortgage crisis that makes the GFC look like a walk in the park. By now, no investment silver is available! Silver used by manufacturers are now sourcing direct from refiners at highly inflated prices. Some commercial silver users are securing future silver supply by purchasing their own silver mines. Some countries are nationalising mines. SVL continues to track rapidly rising price of silver. FOMO is hotting up. Investments in gold, silver is now focussing on equities. Despite the fall in equities over the year, PMs stocks have held their ground and many have experienced meteoric rises. The price of Bitcoin exceeds $100K, reflecting the movement of available funds into ‘safe havens’ Estimated SVL price at Dec 29th = 40c Approval Dec 30th , SVL opens at 60c and closes on the day at $1 Pie in the Sky?.......... only time will tell. Of course the other price variant is the ultimate operations of the mine. Will SVL go it alone and embark on its own mining venture or will it do a deal with a proven mining concern. So much conjecture with many possibilities. With every day comes new opportunities and ever closer to full mining approval.
Expand
Thanks for taking the time to provide your analysis. A lot of it seems based on the fact you think the global financial system will be in total meltdown. Why do you think this way? The fed, blackrock and other institutions have shown us they have an infinite amount of 'money' they can inject into the markets. They also have shown us they can do so by stealing it from the people through inflation or debt. So there is no incentive not to do so, as it's not really their money. With this premise in mind, there is no reason to assume they will not be able to bail out the system once again using as collateral our money. The fact i think, is that the show stops when they decide it's convenient for them to stop, unless you think that Russia has interfered too much that the fed will not have the ability to manipulate the markets going forward as they did in the past. Let me know if my understanding is way off track.