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Re: thundersteel post# 63

Friday, 07/28/2023 11:25:11 AM

Friday, July 28, 2023 11:25:11 AM

Post# of 71
Silver is an industrial metal. No one uses gold.
Maybe some silk screen gold application in PC boards.
It's currency and a store of wealth.

Silver is not rare. Those that will win if silver flys are those that can ramp up supply fast.
Like Canada. They have no silver or gold reserves. Like a FortKnox. They have theirs in the ground. And they know where it is and how much they got.
Those that don't need to spend the time and money to hunt will be the winners. If it goes up.
Like natural gas. Demand will blow supply out of the water. How long will it take to ramp up supply?
I'd shy away from these miners that are prospecting and have no plan to extract the metal