@silvertrade I like @DaveHcontrarian's track record - $180 for me. Interesting David was recently getting checked by technical traders - experience and fundamentals are key in a market like this.
@MBAeconomics1 Clearly the pressure is building. What's your expectation of timing on the US stepping in? I have no doubt they will with Silver having critical status, however they are historically slow moving.
@MBAeconomics1@PakodayWala It makes sense to secure domestic production through establishing a price floor. What's your basis for timing though - I'm assuming this isn't something that can arbitrarily set without going through due process?
@MBAeconomics1@ThHappyHawaiian Completely agree - the timeline is still 2-3 weeks to the conclusion of the conflict. Not sure what the market expected.
@MBAeconomics1 Interested on why you've settled on $100? Are you basing this on an average production cost of $50 + a strategic premium? From what I've read this isn't yet set in stone (floor or value). Has a timeline been set? thanks