/biz/ - Business & Finance

>>50088702
Depends on each individual case, how much dry powder they have left. The more they have, the longer they can afford to stockpile what they currently are mining, hoping for selling at a better price later on this year.
Usually, the larger their operations, the more cash reserves they have.
Neumeyer did this back in march-april 2020 when it dumped to stupid levels, and it paid of for him. But back then the barrel of oil was $40, so the operating costs were MUCH lower. Now at $110? Not sure he can continue to mine for very long, especially since First Majestic have one of the highest extraction costs among big miners (AISC around $21 for Q1 of this year...).

The juniors are gonna get rekt if they can't raise more funds, so expect some drastic (((dilutions))) incoming.
This is a re-run of summer 2018, kikes are going HARD after silber, they are flexing on us. This is nothing more than a display of absolute dominance, which make me think they are afraid.
>"pretend you are strong when you are weak, pretend you are weak when you are strong"

>>50017153
Remind me of our euro cents : electroplated with copper, iron core.
But they stopped producing the 1c and 2c anyway, since even iron is now worth more than euro cents...
It's literally impossible to debase more our money while keeping a physical medium (80% of transactions are done via CCs here anyway), beside maybe producing some tiny plastic tokens and then pretend it's money?