S32 1.72% $3.55 south32 limited

Silver traded on COMEX starting to tick higher. GSR very high...

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  1. JFI
    4,809 Posts.
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    Silver traded on COMEX starting to tick higher. GSR very high historically and a reversal would follow Gold making a break higher, US$1375 for me is a level suggestive of big moves higher to follow. Silver would likely exceed daily average spot gaind like for like in that scenario. There seems to be some suggestions a move is more likely after tempting since the bottom a few years ago.

    Clearly S32 is the single most leveraged bet on a decent Silver move. A target would likely be double digits in that scenario.

    Bought a little here now and watching for either a retrace to AUD$3 zone before bigger addition or will increment buy from here if no meaningful slide plays out.

    JFI
 
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Last
$3.55
Change
0.060(1.72%)
Mkt cap ! $14.49B
Open High Low Value Volume
$3.51 $3.56 $3.50 $47.82M 13.53M

Buyers (Bids)

No. Vol. Price($)
3 157870 $3.54
 

Sellers (Offers)

Price($) Vol. No.
$3.55 124097 6
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Last trade - 16.10pm 15/11/2024 (20 minute delay) ?
S32 (ASX) Chart
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