AYN 0.00% 0.1¢ alcyone resources ltd

Peakmastery, it's no use blaming AYN Management. Put the blame...

  1. 24,765 Posts.
    Peakmastery, it's no use blaming AYN Management.

    Put the blame fairly and squarely where it belongs - those responsible for using "paper silver" backed by nothing physical to manage the price of physical silver.

    Silver in devalued US 2013 dollars is currently only about 60% of its 1980 high. What a bad joke. What else using devalued US 2013 dollars can be purchased for just 60% of its US dollar price 33 years ago?? For example, see if you can purchase a home for 60% of what it sold for in 1980.

    Gold is about double its US 1980 high. If silver was also about double its US 1980 high then AYN, instead of being cash negative of $1.726 million in the December quarter would have been cashflow positive by more than $12 million.
 
watchlist Created with Sketch. Add AYN (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.