/biz/ - Business & Finance

>>22783561

The miners never even reacted in the first place to $21 silver, never mind $29 dollar. As silver comes up again, the miners might actually do what they are supposed to do this time. Dilution will not account for the fact that we are still vastly below the 2016 peak in almost all miners, and that was when silver went to a mere $20. People would have been extremely excited if you had told them a few months ago that silver would be $23 or $22 or even $21, the implications are enormous for the miners. This miner under-reaction so far has been truly historic, probably completely unparalleled.