SVL 0.00% 16.5¢ silver mines limited

Silver seats going to be hard to find, page-43

  1. 895 Posts.
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    Interesting times indeed for the prospects of silver (and hence the SP of SVL) for where it will be led by gold. Within a few minutes of news of the launch of the drone and missile attack by Iran on Israel (something that had been flagged for over a week), Bitcoin was absolutely hammered down along with the whole crypto market. But one crypto had a big spike up and that was PAX which is a token that is 1:1 backed by real gold bars and it briefly hit $3,000 - now down to about $2,500 and well up obviously of what gold closed the week trading at. War is never good and I do not wish for it, but it doesn't change the fact that macro markets will respond to it and PMs are looking stronger because of it.
    Last edited by Fernit: 14/04/24
 
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