This should not be the focus of your investment strategy. You would be better served buying something like SLW, for example, and reinvesting the dividends.
I agree. Vertical integration seems imprudent as well as quite costly when quality control can be the answer to procured raw materials.
so easily misinterpreted to mean anything other that the Mexican silver mining operation that trades as AG.
I was wondering if anyone else was thinking that simply because they have held silver off the market, all for higher prices, that they did not deserve the current valuation and were a screaming buy here.
I wistfully look forward to that day myself.
And I suppose you know, too, that Kaiser Wilhelm was kicking butt and taking names up until the Rothschilds took away his financing and gave it to the Brits instead for a promise that in its fulfillment became the Balfour Declaration????
And I might add that when he was apprised of the removal of the financing he offered a peaceful solution to the conflict— that everyone return to their previous borders and just forget it ever happened. It was the Brits that, with their deal with the Rothschilds, were bound to continue the prosecution of the war.
Side note: It was Winston Churchill that engineered the situation that resulted in the sinking of the Lusitania, which, in violation of America's claimed neutrality, carried arms and munitions bound for England... and the few Americans aboard... just enough to incense the American public.
Those societies did not fail as a direct result of using gold and silver as their money. They failed for a wide array of reasons of which militaristic over-extension leads the pack. Here Rome comes to mind. World history can be boiled down to a series of stories about one people falling on the neck of another, not because of gold and silver per se, but rather because those that aspire to power and control are generally psychopaths.
Haven't you answered your own question?
While p#$%$per, like gold #$%$nd silver, c#$%$n be c#$%$lled #$%$ currency. It h#$%$s no intrinsic v#$%$lue. Hell, it isn't even pretty to behold. Moreover, the met#$%$ls, even le#$%$d, represent something with v#$%$lue.The p#$%$per, #$%$nd more #$%$re recognizing this every p#$%$ssing d#$%$y, could suddenly resort to it's intrinsic v#$%$lue of zilch with liter#$%$lly no w#$%$rning simil#$%$r to events in Weim#$%$r Germ#$%$ny, but in the electronic #$%$ge the dev#$%$lu#$%$tion will come #$%$t ne#$%$r light speed.
It didn't work for FDR. Look at what happened in 1938 after the communists took over and ran up a huge (well, relatively speaking huge) debt.
And if you believe for a nano-moment that WWII spending solved the problem, then governments all around the world should be making war materials and dumping them in the middle of the Pacific to get the entire world on the right track. It is the old broken window myth revisited because the intellectual capacity of most people won't allow them to see the fallacy.
I typically view this in a macro sense. There's no way they can hold silver at this price point. Once it recovers, AG will be seen by many more to have been a screaming buy at this level.
Would you say that for AG there's blood in the streets?
I seem to recall that AG had decided to hold a portion of their production back for higher prices. If this is true, does anyone have an idea how much was withheld and whether the decision has been the catalyst for the negative outlook?
All in all, AG would seem to be screaming buy here.
Then wouldn't most carry silver instead. I don't walk around with a wallet full of c-notes for similar reasons.
Keynesian economics has failed. The world's economies, working with a bogus ideology, or perhaps a purposeful ambition to destroy the middle class, (methinks both), are building a terrible failure that will soon be apparent. The additional 2 $Trillion that the G20 countries have said they will inflate with, always to spur economic recovery, but in reality to decimate the middle class, may be the necessary catalyst.
The real sign post here is the unusual behavior of tangible asset prices given the ongoing worldwide pollution with the fiat currencies.