Four commercial banks arrived in Shanghai the same day Shanghai's silver stockpiles began massive depletion, possibly to cover naked shorts before the scheme blows up.
Who wouldn't want to get their hands on over $23,000 in silver or over $100 grand in gold? Of course, if you don't play hockey or soccer, you're out of luck.
CEO Harris: "Our ability to achieve incredible recovery rates and produce high-grade concentrates demonstrates the project's efficiency in extracting significant value from the ground."
You're seeing targets of $50 in silver and $3,000 in gold. Absolutely yes, but not yet. We want to stay in the wall of worry for as many years as possible to produce the highest move at the final top.
I have a fresh SGS system bull signal for the precious metals sector. We are significant buyers, and from here it’s all about letting the good times roll!
Silver eked out a 0.5% gain on the week, despite last Friday’s sharp pullback. Silver lost $1.21 this past Friday or 3.9%. Otherwise, it would have been a good week.
Another interesting point to observe on these charts is the recent strength of silver relative to gold – gold has been in corrective mode since April but silver forged ahead in May...
VP Hernandez: "This successful start to exploration at Aguilar not only underscores the high potential of the corridor but also shows that high-grade silver stretches far beyond our known resources."
