Replies to post #738 on Sprott Physical Silver Trust (PSLV)

[Stockman1010101]

When the supply hits a brick wall by running out, the price will go over a cliff in the upward direction that could exceed the actual oz price upward movement in the coin store.
The reason the supply is drying up is because of COVID19 causing the key mining countries to shut down. It will take a few years to catch up and thus the train is already on track to force a price demand to exceed supply because of these miners being out of work. Its just like a tsunami/hurricane coming toward land from the high seas it takes time for this to hit the markets. I am betting a few months from now, by summer we should see silver selling for $100+/oz. A $10/share PSLV stock will be trading over $100/share is my guess. We shall see. Depending how bad it gets is how high it will go. It could do a GME stock run to $1000/share if the reddit traders get their hands on it. that is why I have been posting here about it.
GLTA.