BML 5.00% 10.5¢ boab metals limited

BML - The Case for SILVER Mining Stocks

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    A case for silver mining stocks (long -draft)I have been part of the silver squeeze since the beginning. Most people here seem to be against investing in silver miners, I am not one of those people.

    The goal of the movement is for the free market to determine price discovery of silver. We believe the price of silver is and has been artificially kept low in order for certain entities to profit. (At least this is my view of the movement).


    Endingthe manipulation will result in higher silver prices. Our goal may not be toprofit off of higher silver prices, however, the silver we hold will increasein value. Whoever holds silver still benefits from higher silver prices even ifprofit was not their motive.


    I understand the hesitation in talking about profiting off the rise in the price of silver, we don’t wantprofit to become the focus.


    Ialso get it, investing in miners isn’t squeezing the supply side of silver.

    Withthose things in mind, I believe that we will reach our goals with thismovement. (See my “motivational rant” https://www.reddit.com/r/Wallstreetsilver/comments/mcfegw/motivational_rant_of_the_day/?utm_source=share&utm_medium=ios_app&utm_name=iossmf )


    I believe we will end the price manipulation of silver. I believe the price ofsilver will rise.

    If I am such a believer in the movement then why would I recommend investing insilver miners?

    Short answer, profit. Yes, even after I said the purpose of the movement is not profit. See my rant for my expectations of the movement, I don’t see us destroying and rebuilding the entire global financial system. Don’t get me wrong, I want to be as free and independent as possible, not just from the financial system, but from all forms of control.


    At the end of the day I still have bills to pay. I don’t even desire “stuff”, but even trying to be as independent as possible I have to pay for property taxes, utilities, food, etc. If I want to retire someday, that will mean I need some sort of retirement income.


    We all are in different point in our lives, different ages, financial goals, saving amounts, risk levels, etc. I am not going to criticize or judge any one for how much or how little they invest in silver (as long as it’s not in SLV).If you are 100% invested in silver, that’s fantastic, but it’s not for everyone.


    Along with risk or mitigating risk is diversification. Investing in things other than silver doesn’t make someone a traitor to the cause. Maybe I invest in oil stocks, Bitcoin, tech stocks, or whatever. I don’t see those as making me a traitor to the cause any more than investing in silver miners does.


    If I wasn’t invested in silver miners then it doesn’t mean I would be invested in physical silver. That’s not to say I am not invested in physical / allocated silver, I have a large percentage of my holdings in PSLV, it’s my largest holding, it’s a larger percentage than any financial advisor would recommend.


    Financial freedom gives you a little bit of independence. Maybe you can work for yourself instead of for a corporation or focus your energy on education or improving the world. I don’t think those are goals based on greed, so I don’t see the goal of financial freedom as a thing rooted in evil.

    I believe many people who invest in silver have a similar spirit of independence. “Be your own bank”. Holding physical silver, you can go anywhere worldwide and it will have value, you don’t need to rely on the electrical grid to make a transaction, you don’t have to worry about the government printing more silver and devaluing it.


    I am going to have investments other than physical silver and PSLV. My goal is to make a profit from those investments. My goal for those profits is financial independence. I don’t see silver miners as a conflict of interest. I look for opportunity and for undervalued assets. If you believe in the silver movementas I do, then it’s simply a rational investment.


    So why not talk about things like silver miners? The world isn’t black and white, we are all part of the same community, we should help one another. Helping each other can mean lots of things, teaching and learning from each other, helping each other become more independent (which doesn’t have to mean financial independence), or yes, putting our knowledge and resources together in order to all make money together.


    Will this attract people who are just here to make money? There will be some of those people. But guess what? They still have an incentive for the price of silver to rise. Even if their motives are profit driven, that doesn’t mean they cannot help the movement.


    By not even entertaining the ideaof talking about things that may give returns higher than that of just silver,we are missing out on a very large percentage of people.


    Profitobviously shouldn’t be the main focus, but I think talking about silver minersand other companies in the silver industry should be a thing. If we break thesilver manipulation the price of silver will rise and with that the stock priceof silver miners. Silver mining stocks will go up with or without us investedin them.


    Ifyou plan to continue buying silver into the future, look to miners as a hedgeagainst rising silver prices. The price of silver rises and you can’t buy asmuch silver, but your silver mining stocks also increased value, take thoseprofits, buy more silver.


    Somepeople might be turned off from the movement if they think it’s too fanatical.There is nothing wrong with being idealistic, but it can also come off as alittle irrational. If you have a job, a bank account, credit cards, even if outof necessity, then you care about money on some level.


    Themovement isn’t about profit... but the consensus is to encourage everyone tobuy physical / allocated silver. We can say it’s not financial advise and weall just like the metal, but the reality is we should be talking about risk anddiversification, both of which involve investing in something other thanphysical silver. Just telling people to buy physical and not discuss anythingelse I think is a bad idea. Hopefully people will do their own research oninvesting, but I also don’t want people to get swept up in the excitement ofsilver raids or hearing about how someone invested 100% in physical (maybe 100%physical is right for that particular person).


    Evenjust the basics of investing I am sure can be helpful to some people. If wejust shout “only buy physical” I don’t see that as helping each other.


    This essay was sparked by thispost, https://www.reddit.com/r/Wallstreetsilver/comments/maqdg5/new_tactic_fabled_silver_gold_corp/?utm_source=share&utm_medium=ios_app&utm_name=iossmf


    Ihave seen similar posts and responses, I would at least like to discuss themerits of discussing mining and related stocks. I prefer this group to notbecome an echo chamber like WSB. I don’t know if things have changed, but mostsilver posts were not given the time of day and most people thought it was aconspiracy away from GME. I don’t want people to automatically dismiss silverminers (or unpopular ideas) just because they think anything other thanphysical silver is a distraction.


    Memesand stack porn are fine, but I think we have a lot of wasted talent in thisgroup. At least for me, there is only so much I can read about COMEX and silverin general. I would wager the apes on this forum have a better understanding ofthe silver market than most of the general population. We’ve see apes do allkinds of incredible research. Let’s do the same with silver miners. Somethingshouldn’t be dismissed as a “pump and dump” without actually looking into it.In the penny stock world, I think there is a general negative associationthat’s not completely unwarranted. However, there are legitimate junior silverminers out there, I believe many have the potential for significant gains.That’s why we need multiple people doing their due diligence, not just pump anddumps for a quick buck, but research to determine legitimate prospects. I wouldlike to see everyone in the community prosper, I can’t be the only one, so Ithink people can bring attention to a company without selfish intentions.


    At the very least leaning aboutsilver miners will help us have a better understanding of the silver market asa whole. It certainly can’t hurt to learn about silver exploration, mining,refining, etc.

    Themovement can be more than one thing; expanding knowledge, independence, helpingone another.


    Maybesome of that involves seeing an opportunity that will lead to profit. I thinkit’s short-sighted to ignore such opportunities. Most people here seem tobelieve with a conviction the price of silver will rise (I am one of thosepeople, at the very least I am optimistic the price will rise), those risingsilver prices will have consequences in the market, we should be positioningourselves to take advantage of those effects.


    https://www.reddit.com/r/Wallstreetsilver/comments/md9zct/a_case_for_silver_mining_stocks_long_draft/

    Last edited by Verily1: 26/03/21
 
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