Loading ...SILJ- Now bouncing and in the process of a back test to the NL
Here we go. Now we get to see the character of the market of silver stocks. Can it get up to the NL? Does it fizzle in weak attempt? Can it actually reverse the break down of the NL. We sit and watch, time to do some armchair analysis.
I’m betting that the $10 price is calling and will be hit. What nonsense. Nothing makes sense anymore.
The long-held hypotheses that gold is the only security in the face of inflating a currency is indeed nonsense. Unless one has been incredibly nimble – as in trading, not investing – the place to be since 2010 has been the general markets, pure and simple. Gazillions made there, gazillions lost in gold and silver stocks.
If it is about who has the last laugh, I don’t think I’ll live that long. The balloon keeps expanding, no end in sight.
It’s a tough game. But it’s like a fat over 40 woman in the dating market. Why does she bother? Because there is always that one out there to fix everything.
On a risk adjusted basis, this is 1000% correct.
Gold is fine and always will be IMO.
It’s the miners that continue to trade ridiculously and absolutely unlike anything seen in the last 20 years (meaning they typically strongly trend up in bull markets or down in bear markets and the last 5 years has given us a bit of both).