In my opinion the only reason to buy SVL is if you are bullish on silver, as it offers good leverage. Fiat is only money until it isn't. Gold and silver are not investments, they are money. The crypto's are pretend money, the price is being driven up by "the greater fool" theory, its a bubble.
If we strike storms ahead, the AUD will be valueless. The link below is worth a read, as is the report it links to. But only if you are bullish on silver.
http://marketcap.com.au/silver-money/
Ann: Silver Mines Presentation June 2017, page-18
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Last
17.0¢ |
Change
0.005(3.03%) |
Mkt cap ! $248.8M | |||
| Open | High | Low | Value | Volume |
| 16.5¢ | 17.0¢ | 16.3¢ | $38.68K | 234.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 174797 | 16.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.0¢ | 1451730 | 22 |
View Market Depth
| Last trade - 10.12am 16/07/2024 (20 minute delay) ? |
| SVL (ASX) Chart |