SILVERBUGS (SILVER)

[NYBob]

Great Panther Mining Ltd. | Webinar Replay )
281 views•Sep 10, 2020

https://www.youtube.com/watch?v=C4aVqBmgjfM


3 Reasons Silver Bulls Could Soon Be Handsomely Rewarded
By Peter KrauthCommoditiesSep 16, 2020 12:51AM ET
Peter Krauth Peter Krauth


They say patience is a virtue. Well, if anyone is virtuous these days,
it has to be silver bulls.

They also say good things come to those who wait.
I believe those good things will be coming…in spades.

Silver reached just shy of $50 back in April 2011.
A decade later, we're still just barely above half that level.

But that's all about to change.

Since bottoming in March, gold has rocketed to a new all-time high near
$2,070 in early August, up 40%.

But silver's trough-to-peak gains have put gold's to shame.
The white metal bottomed in March near $12, then soared to a $29 peak,
also in early August, for a blistering 140% gain in just 4½ months.

When silver really gets going, it can surprise even the most ardent of
silver bulls.
And odds are it's going to go on several more runs like this in the
future.

Here's what's making this metal tick, and why what lies ahead for silver
is going to surprise us all.

1. Silver's Monetary Side
It's widely accepted that silver is both an industrial metal and a
monetary metal.
But now that precious metals are in a secular bull market, silver's
monetary side is likely to have an outsized impact.

If we look at how silver compares to gold in bull runs, it turns out
silver has outperformed five of the last six times.

Silver Comparative Price Vs Rising Gold PricesSilver Comparative Price
Vs Rising Gold Prices
That's likely going to happen again this time, and the main driver will
be investment demand.

According to the Silver Institute's Annual World Silver Survey, silver
investment demand was up 12% in 2019 over the previous year.
The Institute recently reported that in the first half of 2020,
investors hoarded 10% more silver than in H1 2019, mostly through
buying silver-backed exchange-traded products (ETPs).
As a result, ETPs have been setting successive record high levels of
holdings this year.

Total Silver Demand 2019Total Silver Demand 2019
What's more, it's estimated that just 6% of all above-ground silver is
in investment form like coins or bars.
The rest is almost evenly split between industrial uses and
jewelry/decorative uses.

2. Challenged Silver Supply
Besides rapidly growing investment demand, one of the biggest drivers
of higher silver is going to be limited new supply.

Just 28.7% of new silver supply comes from primary silver mines.
71% of newly mined silver is only produced as a by-product of other

metals like gold, copper, lead and zinc.

Introduction To Great Panther Mining


https://finanz.dk/the-great-panther-turnaround-story-nysemktgpl/


QE Good For Gold Prices > Go To The Moon Next? )

https://www.mcoscillator.com/learning_center/weekly_chart/is_qe_good_for_gold_prices/


$16 Billion Ohio Police & Fire Pension Fund Approves A 5% Allocation For
Gold Profile picture for user Tyler Durden
by Tyler Durden
Sun, 08/30/2020 - 10:40


Ohio's $16 billion Police & Fire Pension Fund is following in the steps
of Warren Buffett and making a big statement about owning gold.
It has approved a 5% allocation to gold to help diversify the fund's
portfolio and to "hedge against the risk of inflation" according to
Bloomberg.

https://www.zerohedge.com/markets/16-billion-ohio-police-fire-pension-fund-approves-5-allocation-gold


The change was approved as "the first step" in an ongoing asset review
that was presented to the fund's board on August 26.

The fund was following the advice of its investment consultant,
Wilshire Assocaites, in adding the gold allocation, according to
Pensions & Investments. Additionally, the fund plans on adding
the gold stake by borrowing;
the fund is reportedly increasing its leverage from 20% to 25%
to make the change.

"No new manager has been selected, and there currently is no timeline
for implementing this change," P&I reported.


Gold & Silver bulls starting to break out > ^ > ^ > ^

https://www.youtube.com/watch?time_continue=5&v=RDZQoQ61RrY&feature=emb_logo


In GOD We Trust - Real Money -







https://www.kitco.com/images/live/silver.gif?0.8344882022363285









http://www.kitconet.com/images/live/au0001wb.gif


Gold & Silver is the only REAL Legal Tender -

by The Founding Fathers for your -

Rights, Liberty and Freedom -

http://www.biblebelievers.org.au/monie.htm

God Bless America
Ps.
opinion appreciated
TIA