Jun. 16 at 4:38 AM
$SVM I just did search -- it says SVM does NOT disclose publicly how much of its production is HEDGED -- so there is no way for us to know and accordingly we do not really know if today's price is a fair reflection what they will earn this year. so this is a catch 22 -- theoretically the spot price for 2025 is 100 -- but svm's hedged productions is at 50. but lets say in 2026 the price will go down to 40 -- and production will be hedged at less than that. so it is possible where a stock would not benefit from the spot price at all b/c of hedging and volatility -- i am not saying it's SVM -- I am saying -- that playing the metal could be a better option. UNLESS -- the price of silver stays up in that range for a reasonably long period of time. which I think it will -- even though it could be volatile and test some lows. I think it is a new paradigm for gold and silver by extension -- but not as much as gold -- but enough to make svm an attractive stock.
