Silvercrest Metals (SILV)

[boo boo]

Hey there Mick. Comments on Silvercrest and some other stuff.

In point and figure terms, SILV is setup for the catapult pattern. Technically, there's a gap in the $5.80 area. Will it fill? I don't know! If it does, I'm adding to my position.

With all the bank failures that have been pushed out since 2008, I don't see how the cabal will be able to hold back the price of silver much longer. Also, in my opinion, and the opinion of others, the $ has lost world reserve status.

$ Reserve Status

Our constitutional money has always been gold and silver. Our entire financial system is on the verge of collapse. All fiat currencies are doomed. Fuck the banks. Do not buy gold. Look at the price ratio between the two metals and there is no good use case for gold other than jewelry. Buy the people's money...SILVER!

And by the way, silver is a must in our electronics. To the tune of 70% of annual production. I don't know if I trust that figure. I actually think it's much higher.

Wishing you the best.