SVL 0.00% 15.0¢ silver mines limited

Leverage. Risk. Reward. SVL has the first two. Will it reward?...

  1. 29 Posts.
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    Leverage. Risk. Reward.

    SVL has the first two. Will it reward? CEO Tony Mcclure seems to think so since he is one of the top three shareholders.

    SVL is positioned to blast off at a time in monetary history like no other.

    Just two items in the basket of factors likely to create the environment for SVL to exceed expectations.

    1.The chasm between two ( USD and ROW Rest of World ) monetary systems grows wider and deeper as Xi Jinping completes a very rare visit, the first since 2016, to Saudi Arabia today, to meet multiple Arab leaders and Saudi Crown Prince Mohammed Bin Salman ( MBS ) especially considering Saudi is China’s biggest oil supplier. Expect big changes in settlement for oil in anything but USD. This can only be good for metals as the USD and other debt based currencies issued by central banks are on the same path to their true value: zero. Sure, they can print one more time ( "pivot" ) to oblivion in a last desperate bid to save themselves, never mind the G-SIBs ( top 30 global banks ), another house of cards. With assets denominated in USD the loss of confidence in that currency will exacerbate their decline in price, and create a loop of insolvencies and further asset price destruction. Bonds. Equities. Property. The perfect storm for metals. There's no where to run and hide except in metals, and the source of gold and silver, mining stocks.

    https://www.reuters.com/world/chinas-xi-visit-saudi-arabia-attend-chinese-saudi-summit-spa-2022-12-06/ https://mises.org/power-market/coming-bankruptcy-american-empire

    2. FX swaps, forwards and currency swaps create forward dollar payment obligations that do not appear on balance sheets and are missing in standard debt statistics. Non-banks outside the United States owe as much as $25 trillion in such missing debt, up from $17 trillion in 2016. Non-US banks owe upwards of $35 trillion.

    Much of this debt is very short-term and the resulting rollover needs make for dollar funding squeezes.
    Policy responses to such squeezes include central bank swap lines that are set in a fog, with little information about the geographic distribution of the missing debt. What could go wrong?

    Off-balance sheet dollar debt may remain out of sight and out of mind, but only until the next time dollar funding liquidity is squeezed. Then, the hidden leverage and maturity mismatch in pension funds' and insurance companies' portfolios is exposed. Another ticking time-bomb that can only benefit metals.

    2023. A year of converging forces and leveraged bets, as the USD continues to be debased, and metals finally gain universal favour and the recognition as the only true money, with no counterparty risk.

    https://www.bis.org/publ/qtrpdf/r_qt2212h.htm
 
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Last
15.0¢
Change
0.000(0.00%)
Mkt cap ! $226.2M
Open High Low Value Volume
15.0¢ 15.3¢ 14.5¢ $236.4K 1.605M

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18 1316541 14.5¢
 

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15.0¢ 239635 6
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Last trade - 16.10pm 29/07/2024 (20 minute delay) ?
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