Can you please demonstrate us with clear arguments and only with facts why this company is going to fail in the future. Up to now I only read some bits of information and assumptions that encourages negative reaction to this company.
"In a period of deflation gold and silver may slump . Silver is high at the moment ...and has recently fallen." OH MY GOD, IT HAS FALLEN!!!
Although the silver price is somewhat volatile, it was Comex that put downward pressure on the price (no?), not USD deflation...and the silver price is now very high (40-41US$).
JP Morgan analyzed the influence of deflation in the 1930s. There is a connection between deflation and falling prices of silver, gold and the stock market itself. He also states that prices surged after the deflation period (1932 and onwards).
In 2007-2009 (the last financial crisis) the silver price did not decrease in any way substantially.
I think everyone is aware of the potential risk, otherwise don?t invest or trade.
I am open to any criticism.
AYN Price at posting:
6.1¢ Sentiment: None Disclosure: Held