The best silver option is exposure to silver, not silver miners. Read r/SLVTakeOver on Reddit to get an idea of their strategy, it make perfect sense, if they can congeal into a sufficiently large market moving mass. They did it with GameStop. r/wallstreetbets now has over 7 million subscribers. Yes 7 million. They are taking our billbooards in US cities. London silver is holding over $29 before the NY opening. The redditers are piling in, SLV is a NY listed silver ETF, in Australia we have ETPMAG as a option on the ASX. Don't be fooled by thinking about miners, they will be dragged along, but the reditters have a pure silver play that is not pie in the sky. Visit their ** servers if you are not convinced.
I am waiting to see what happens after NY opens tonight. But I am holding MLX because I still believe it has a promising upside.
MLX Price at posting:
16.0¢ Sentiment: Hold Disclosure: Held
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