August 1 seems to be a day of concern for bitcoin. Developers are dealing with scalability issues. I wonder if this fork could set off issues affecting other markets.
5 years ago...silver spot price was over 30 USD. Last year it was over 20. It is no wonder that silver miners continue to languish as spot hangs around the 16/17 level. It will probably take considerable time for confidence to return and show up in stock prices. Imo The caveat to my point could be some kind of worldwide disaster...but it seems bankers have markets wrapped up and under control. Imo
The 2nd largest silver mine in the world was shuttered a few weeks ago. You'd think stocks like exk would react significantly if supply/demand equation was a factor in determining silver price. Apparently, supply/demand equation not so important. Do free markets exist anymore anywhere?
Looks like CB's have everthing under control. They talk the $ down by claiming little or not enough inflation. In the same breath they claim to stop reinvesting in their balance sheet starting soon. So we get a bit of a kick in the gold and silver spot....but I fully expect it to be hammered back down soon, when the Fed follows through. Can you say stagflation? Seems likely for many years to come. Imo
Q2 report not good. This stock is taking a big hit today and based on comments is unlikely to move positive in the near future based on comments about Terronerra. Potential production ramp seems delayed until 2019. Best hope for investors is a buyout if silver prices increase. Imo
Too much risk here. Imo Aisc at 15 and Terronerra production not likely to help for a couple years. It's a mistake to "invest" in miners such as exk. It's a high risk gamble...not an investment. Im outta here. Glta The best chance for stockholders is for Bradford to sell the company. I have a feeling his ego will get in the way to that happening. Imo
Gotta believe we see a bank sell some paper contracts in gold or silver tomorrow. London markets are closed today. They've got to hold down this move. Imo