$Sun Silver Ltd(SS1.AU)$ A new all time high for Sun Silver. Just managed to break its previous high with a 14+% increase today. The obvious reason is silver price breaking its all time high yet again this morning in Australian trading hours... finally, not a correction in Australian timezone after setting its new high at last Friday US closing.

It's a worthwhile celebration. 🎉 I had shared Sun Silver a while back when it was making its early move. I had bought it some time ago when the price of silver was correcting. As a firm believer of silver strength in this cycle, I have explored more junior miners that I could diversify into. Sun Silver happens to be one of them. I didn't get in initially as I thought its price had run ahead of its fundamentals. There was simply too much speculation priced into that run. I was patient as I knew weak hands of silver will panicked and throw when corrections set in. I was correct.

I initiated a position when I perceive the correction had run its course. I was almost right. A little correction lingers on after the initial entry before the price started moving higher. I had the opportunity to add to my initial investment during that uncertain period as I gained more confidence into the company.

Besides silver, lots of them, unmined though, there's also gold and antimony. I had mentioned this in my previous posts. Antimony was a one time craze trade when China announced a ban of its exports! I was left scratching my head over the Periodic Table. What exactly is that and what is it used for? I wrote about this too. Feel free to read the article.

Although China has since temporarily dropped the ban, the price of antimony continues to be high. The truce between the two superpowers are at best temporary and unstable. If you are not in la-la land, Trump between Donald [Tongue]  [Chuckle]  [Evil]  is volatile as could be. I bet he is still angry he couldn't get any advantage over China 🇨🇳. Everyone (actually mainly friends of US 🇺🇸 and places of wildlife) are footing some sorts of tolls to enter US market except China. Despite his self-advertised rate, China knows they are on the upper hand. 

Critical minerals in US now include antimony and silver. You know what that means. US just can't get enough of them if any at all! With every growing week, silver prices have consolidated and moved higher. Many people, traders and speculators alike, think this is bubble in the making. Perhaps... but not yet. This is not what Melt-Up is about. It is this under estimation and doubts in silver that fuels this rally. It takes a lot more to turn these doubters around. By then, we shall call that period FOMO, an euphoric moment that would indeed cause for concern. Yup, till then, there's no bubble...

Don't believe. Just see how many people are still thinking of cashing out of their jewellery, be it gold, silver or platinum. The trust that this rally is just the beginning is simply not there... and that is when big money is made. Have your say, hate it, like it.

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