SVL 3.09% 10.0¢ silver mines limited

Ann: Silver Mines Presentation August 2017, page-25

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  1. 2,125 Posts.
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    Some significant developments over the weekend :

    1) China is going to introduce Yuan priced crude oil benchmark backed by gold. This means USD will be slowly bypassed by many oil supplier nations led by Russia , Venezuela , Iran ( thus effectively moving away from the present petrodollar system ) ( if Saudi Arabia also goes for gold payments rather than the present petro dollar system , then it is game over for US Dollar hegemony ) and those oil supplier countries not fully ready to accept yuan will convert their income into gold . This is going to happen in 2017 , so precious metals are rising in advance in anticipation over the last few weeks. It is a tremendous whammy for US Dollar and tremendous boost for gold.

    2) NK threatening that it has developed Hydrogen Bomb which can be launched using a missile ( nothing bad is ever going to happen however , however markets will be very shaky, expect much more precious metals buying from now on )
 
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