IVR investigator resources ltd

While the paper is beating the rock, here's a good read for silver investors.

  1. 2,592 Posts.
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    The author says we are retiring in Q2 2021 smile.png:
    https://renaissancemen.org/2021/02/02/why-the-silver-longs-and-eric-sprott-can-defeat-the-silver-shorts-an-education-in-4d-chess/



    1. With a few billion in physical purchasing and PSLV purchasing, this will take price over $30.
    2. More media attention, FOMO sets in, and more people head to coin shops and online bullion dealers
    3. Around $35, shorts need to start covering as losses are mounting
    4. Very quickly, price runs to about $50. I believe here you will get a lot of physical selling, and much of the shorts can get unwound.
    5. March delivery month hits Feb 24th, and not only is the normal 85 million ounces standing for delivery, but Eric Sprott’s PSLV dropped an additional 50 million ounce order on the COMEX and additional demand puts COMEX around 150-200 million for March delivery. They all want to take out of vaults. An “official” run on the bank starts
    6. Miners get more attention in February as Q4 2020 numbers come in and people realize they are making stupid profits. They see metals prices going up and realize they are about to make more profits
    7. March moves on, and silver supplies are coming loose at $75 and $100. End of March price anywhere from $65-$200 for silver. From what I THOUGHT I saw, Keith Neumeyer of First Majestic may hold sales for a month. I believe some other silver suppliers may follow suit to further starve the physical markets. Don’t quote me on the KN thing, I can’t find the article right now. He did hold back silver at $12 silver.
    8. Eric Sprott’s 150 miners start to go ballistic, some making 10x.
    9. Most anyone bought into miners before Feb 2021 are retiring in Q2.
 
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