SVL 0.00% 10.0¢ silver mines limited

freefall..., page-19

  1. 129 Posts.
    As a shareholder of SVL you are a part owner of the company and all the silver in the ground. If your a believer of the silver story and that a global currency collapse is under way and that banks and many countries are broke, where else would you have your money? In paper/digital money, soon not worth the paper its not printed on? ( Gerald Celente ) There is also a chance of a "Banking Holiday" where your money in the bank is frozen or restrictions on how much you can take out is applied. Bank of American won't allow people to close accounts, check U Tube on people getting arrested trying to.

    At this point you can't get physical silver anymore cause a report that just came out on King World News said nearly all silver production has now been prioritised to industrial end users. Perth Mint has no bars at all for sale or order and coins you have to wait 3 months or more before they ring and tell you to collect.

    Gold seems to be available if you want but you pay $1600 plus an ounce not $30 like silver.

    Eric Sprott who controls a silver fund of $10 Billion has taunted sarcastically JPM an HSBC saying yeah take the price down again below $30 and it will ruin you! The demand now for silver is so HUGE from these artificially low prices that not only are people competing against industrial users but now Central Banks are buyers of physical and also China! Steven Leeb said recently that silver should now be classed in the Rare Earths. Sprott said that the Silver /Gold ratio is now out 50 to 1. 50 ounces to buy 1 of Gold. The long term avg is 16 so a huge increase in Silver soon!

    Silver is about to explode! So if you are getting nervous about the paper value of your holding well it's up to you if you sell. If you don't have to sell then don't! Buy More I say if you have money. Dollar Cost Average is the way to go. Who would give away a share of SVL for 17 cents lol, what a bargain. Possible 50 million ounces in the ground, people fail to comprehend the value of this! This is no ordinary company! Worth $10 plus a share at some stage, not 17 cents.

    Rick Rule, another King World New commentator regularly interviewed said, if you buy a stock and are not happy to see it drop 30% the next day to buy some more then you shouldn't be in it.
 
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