Wall Street bets have 7+ million members which will all likely receive an additional $1400 usd in stimulus money in the next 4 weeks. at best the shorts might get a small window to release a tiny fraction of their position before the next boom in price discovery. No later than 31 March IMHO. $1400 x 7000000= $9.8b usd . 10% of this just under a billion USD to flow into silver physical? let's not forget another 100 million more conservative silver stackers and the long funds smelling blood in the water and commercial/ industrial traders whom will look to change their buying patterns to sure up supply like cobalt direct from the miners. the green revolution will not buy from the crimex.
SVL could likely be approved during this time frame adding to the frenzy. This could blow sky high, however one thing is for sure the current SVL price is still extraordinarily low regardless of current silver price. go long and strong. DYOR not advice but buy the dips for times they are a changin. from a boomer ok?
SVL Price at posting:
36.5¢ Sentiment: Buy Disclosure: Held
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