Loading ...watch what happens to Silver & GOLD Bankers ? Who are they ? WELL,; they are the money Lenders to the Mining companies AKA “ROYALTY” companies like FNV,WPM,RGLD,SAND,OR,
Why them..its because they GET PAID in BULLION real SILVER real GOLD..not PAPER .ALL their expenses were paid UP FRONT ….what comes in as prices rise is all Profit ! with NO further expense .. THEIR profits will be leveraged at least 10 X NOW thats whats different about this bull market ,you think Gold & SILVER were good in the 1970,s ? That was before Royalties were invented !
YOU AINT SEEN NOTHIN YET !!!!!
In my opinion Royalties are like Perpetual CALL OPTIONS ..think about that !
The premium for the CALL was paid up front !. The time is perpetual and in addition any future finds are INCLUDED at NO COST in all the Contracts that Iv seen….! FOR the LIFE of the MINE !
If im right a company like WPM ,FNV or RGLD will sell at least $1000 per share !
A Perpetual CALL option,with premium already paid ,life of the mine with future finds included …whats not to like ?