Loading ...Silver unleashed
Yesterday the big question was at $30 will silver be sold or bought. We got our answer this morning.
It has amazed me how investors have continued to be so negative about silver. It’s actually like people can’t stand to make money in this sector any more due to their recency bias
Absolutely !
I agree.
Great call, Sir Plunger!
On the other hand, it is sad to see even those with a long term successful “correct calls” record doubting this move.
“They” are saying leverage in the broader stock market is a safer bet than miners.
Now this story, origins unknown … nod nod wink wink:
“Stan Druckenmiller tells when he was all of 26 years old and he got promoted above the seasoned older investment managers.
When his boss promoted him he asked him why he thought he got promoted to run the investment committee.
He said “well I figure it’s because of my record and I’ve done a good job”
His boss said no it’s because of the same reason that 19 year olds make good soldiers.
It’s because you are too stupid to see risk.
You are fearless because you have never gone through a bear market like all these old find managers have.”
May God bless us all.
GL