SILVER Price - The Coming Gold Standard, page-1751

Like many other Aussie investors, I get financial reports and forecasts from a number of other countries, as well as the local fare, and I focus mainly on commodities, especially precious metals. The general consensus from almost every source that I use is that gold is set for a strong bull run, and silver is set to run even stronger.

The BRICS countries, and many others which have applied to join them, seem to be very near to finalising their plans for a new gold-backed currency, and the US dollar as the international reserve currency appears to be in its death throes.

My strong belief is that the ASX listed gold and silver stocks are in for a major re-rating in 2024. Gold and silver in the ground are going to become a very valuable asset which is likely to progressively increase in value before it's mined, and if history is anything to go by, explorers and near-startup producers might well run harder than the established producers.

As one of the presently unloved small developers, BML appears to be well placed for a significant re-rate. I've only recently taken an initial stake in this company, but I think I'll be adding to that stake over the coming months.