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Endeavour Silver Corp. Message Board

  • quailrunrd quailrunrd Dec 29, 2013 9:44 PM Flag

    Beads of sweat are forming on my brow!

    Silver currently is not holding above $20/oz. What's up with that? So I go into overdrive worrying about EXK and related PM investments.

    I know Santa wants to keep the Santa rally going in stocks/equities rather than physical assets such as gold and silver, but the 3rd largest bank in Italy is now falling apart (and will soon be nationalized) and Turkey (the country), as well as Thailand, are bursting at the seams. When countries fall/implode, their banking systems collapse. And the world's banking systems are so much linked together, there will be dominoes slamming against other dominoes (banks). Seems to me that silver and gold should be strengthening. And, yes. They will. They just need a little more time.

    As silver strengthens, EXK will levitate. As i said once before, the first quarter of 2014 should prove to be very interesting for PM investors. And 2014 is just around the corner!

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    • yeah, all the miners are very cheap, think there are other miners cheaper than EXK, like BRD, STADF, CRCUF, and there's another that I am planning on buying tomorrow morning, Sarcore, SHVLF, got a few shares of that one, but want to get more, it trades under 20 cents, it has a nice balance sheet, it's a low-cost producer, what's interesting about SHVLF is that their management would like to pay a dividend, maybe it's just a gimmick, but if they pay a dividend the price is going to gap higher

      think the miners are near a bottom, sentiment is incredibly negative, but the Fed is not in total control, they are making up the rules as they go along, fiat currency is headed to intrinsic value of zero and gold is going to go much higher...

      I've lightened up a bit on EXK, BRD is my largest holding these days, and it will convert into PPP shares, and also shares of spin-off, Primero is very well-run, it's going to grow into a gold major, think EXK will too, just got to be patient with this one

      Go Cowboys


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