Ah_Meng
03-14 19:26

$Sun Silver Ltd(SS1.AU)$ Running out of time... sharing for coins. With oil prices approaching $100 yet again in this Trump led war, will gold and silver continue to hold? That's a $1000 question for me.

Why I like Sun Silver? Besides having a big silver mine, its antimony potential is getting more obvious with every drill-test and laboratory check-back (of old drill cores). It will take time before Sun Silver starts mining and raking the benefit of high antimony and silver prices. That's however why I like small miners like Sun Silver. They are like banks with huge deposits, just that they are in the ground. 

Although the share price of Sun Silver has increased substantially in this silver run, the real potential only arises when the big operators start buying mid-sized mines, and mid-sized operators start their own acquisition spree of small to mid-sized mines. 

I guess it will take a while for the silver miners and the investing community to convince that higher silver price is here to stay. Silver was $30, or even close to $10 just a couple of years ago. $80, anyone? Try telling that to the investing community before the beginning of last year. 

It will come a time when the big operators will come to understand that M&A is still the cheaper way to go. 

@TigerClub @Daily_Discussion @Tiger_comments @TigerStars 

Gold, Silver Retreat: Can Safe-Haven Demand Outpace the Surging Dollar?
Gold is currently locked in a high-stakes battle between geopolitical chaos and monetary gravity. While the expansion of the Middle East conflict has pushed Brent oil past $100 and driven investors toward "hard assets," the simultaneous surge in the U.S. Dollar Index (DXY) toward the 100.00 handle has capped gold’s upside. Gold continues to test the critical $5,100 support zone. Analysts warn that if this floor fails, a retreat toward the $5,000. If Gold breaks below $5,100, will the 50-day MA provide the final line of defense? Has the $5,589 January peak become a multi-year top for Gold?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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