Lets hope something positive comes out next week. Getting hard to hold now but that's what I am doing so far but I am looking for a good reason to do it(positive narrative about resubmission and status etc will be appreciated)
Should see lift off today.
Will be watching closely tomorrow morning.
Sentiment: Strong Buy
Confusing. I read a loss of .18. But maybe they beat somebodies estimate. Overall I thought report was positive. Everything except the price of gold and silver and a loss
I've got plenty of dry powder left and working my avg down methodically. This will rise rapidly when it turns. I'd rather buy low in smaller increments than try to guess when it has turned. This will go back over $20 in a few years. Nobody can accurately predict a bottom or a turn. I think this is a solid investment anything under $5.00 PPS. Of course it means I may have to hold for several years which is no problem.
Already own Silver eagles and gold coins. You are beginning to sound too sarcastic in tone. Won't waste anymore time reading or responding to your negativity. Given that you are so smart I assume you unloaded all of your shares long ago at much higher prices.
Will see over next few days. Have a little dry powder left if I'm wrong.
You seem a lot more worried than me. I am buying a lot more today. Doesn't matter what the price is today. Where will it be in 2 or 3 years is what matters. I'm betting big 50K worth that it doubles or more in 2 years
Totally agree. If this goes under $4 today I plan on buying 3000 more shares. That will give me 10,000 at an avg cost of $5. Strongly feel we see $10 plus in 2 years. Longer term we will get back to $20 plus. The world needs silver for industrial use. This price action is totally over done.
I agree. Bought more today again. This is my biggest holding and I believe we go over $8 in a year and $12-$15+ in 3 or 4. I own for an avg of $5.50 so I am expecting a double or triple over next 3 years. I'll be glad to hold for that outcome. May slip below $4 before the turn around but it will turn. Good luck.
Have patience. This trend will reverse. We have been declining for 5 years. That trend will change and you will double or triple from here over next 3 to 5 years.
I hope you are wrong. I do agree about consolidation. I think because SSRI has a lot of cash we will be fine. If we get bought out it will be at a higher price than the current PPS so OK. I have 5 to 7 years before I need this money so chances are it will be higher at some point so I feel confident.
Oh yea. Bought gold coins at $520 many years ago and sold 90% at over $1500. I guess I was right that time. World wide money printing will cause either inflation or a catastrophe. Either will help gold and silver prices if demand doesn't.
Well, we will see. Glad you sold. Economic law has to kick in at some point. I am banking on the basic supply and demand principles of economics. World wide demand is increasing and supply will decrease at depressed price levels. Also a lot of silver coins are in private hands. Only so much new silver will be available. Also from what I read major banks have been shorting silver but at the same time buying. What does that tell you? They will stop shorting at some point and when they do we rise.
Not on Margin. Long term investor. Don't see bankruptcy. Who will mine silver? When production is curtailed this rallies back to $10 Silver is a major industrial metal. Don't see any replacements. If it drops to $3 or something I will buy a lot more to avg down. If it takes 5 years or more OK with me. Don't need the money for 5 to 7 years.
Couldn't help my self bought one last time tonight at $4.37. This can't stay down here for much longer.