BML 8.57% 9.6¢ boab metals limited

Ann: Sorby Hills PFS Delivers Outstanding Results, page-192

  1. 5,620 Posts.
    lightbulb Created with Sketch. 2195
    I am seeing a lot of stock selling but look at the METALS PRICES - Both gold and silver could be back to retest yearly highs in 1 day!

    Both gold and silver spot prices are very strong and have hardly come down at all, any news of big sell offs etc can be concluded as a fortnight blip. In contrast silver and gold stocks have copped a schlacking in response to the VERY SMALL pullback.

    Currently:

    Silver $27.10
    Gold $1931

    Easy back over $2000 for gold and silver should pop $2.90 (back over $30) --- the ingredients for much much higher prices are already baked into the monetary cake.. the share prices have pulled back violently in what on the weeklys appears to be little more than a slight pullback with an extremely strong consolidation.

    In this environment there WILL BE excess demand over supply for both Silver and Gold.. this will drive the price up. Any distortions to this by way of fiscal and monetary policy will only be successful in seperating the weakest from there precious metals assets before true value is found well above $30 US and $2000 --- Far Beyond Driven to take out new highs in all fiat currencies as the world melts down by way of government veto.. we are sealing the world depression through government interaction.. i know better than to think we can control nature on a global scale.. good luck .. nature will find a way, Like silver suppression.. sooner of later the laws of physics will apply here also --- the inertia of fiat should escalate hot money chasing REAL ASSETS and REAL MONEY. Gold and Silver will be bought at any price when we enter a rapid price inflation enviroment as a result of the monetary system inflation, central banks only have a few tools and soon the economies are going to need another hit of the good stuff else there will be panic on the streets..

    Position yourselves wisely.. physical is a good idea now even just a tiny amount who knows how ugly this is going to get and how deep the governments will take these police states and destruction of economies.
    Last edited by 1for1: 28/08/20
 
watchlist Created with Sketch. Add BML (ASX) to my watchlist
(20min delay)
Last
9.6¢
Change
-0.009(8.57%)
Mkt cap ! $22.40M
Open High Low Value Volume
10.0¢ 10.0¢ 9.6¢ $41.73K 424.8K

Buyers (Bids)

No. Vol. Price($)
1 18560 9.6¢
 

Sellers (Offers)

Price($) Vol. No.
10.5¢ 63500 2
View Market Depth
Last trade - 16.10pm 19/07/2024 (20 minute delay) ?
BML (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.