BML 10.0% 11.0¢ boab metals limited

Michael Oliver calling for US$50 Silver by November buckle up !, page-29

  1. 1,746 Posts.
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    Secondary supply of silver possibly only 1 year of supply left at current rate of consumption, does $50 silver sound unrealistic ?

    From TD Securities senior commodity strategist.

    - A silver squeeze is approaching and likely in the next 12-24 months as LBMA silver supply is almost exhausted. The most stunning assessment is that the LBMA had an estimated 165 years of supply just 5 years and now that supply is all but gone.

    Imagine what is coming if this guy proves correct?

    A $200 Ag price may prove conservative, due to silver's strategic importance in the renewable manufacturing industry/ Lithium, eat your heart out.

    https://hotcopper.com.au/data/attachments/6096/6096820-316a4b23364479f07ae0d6ba094539bc.jpg
    Dyno commented
    This may also be an underestimation.

    I hear rumours that the Chinese media are recommending that silver is going to be a better investment than Gold in their publications.

    Holding all my shiny stuff and this stock with excitement!

    Once it starts, there will be no stopping it!

    All imho.
 
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