SIL:SLV
SILVER STOCKS VS SILVER
SILVER IS GOING NUCKING FUTZ SO YOU WOULD THINK THE SILVER STOCKS WOULD BE GOING AT LEAST DOUBLE OR TRIPPLE AS THE LEVERAGE IS MINDBLOWING ESPECIALLY WITH OIL PRICES AT NEW LOWS AND THUS INPUT COSTS DOWN BUT…NOPE
PHYSICAL METAL IN YOUR OWN POSESSION IS THE KING…THE ONLY REAL WAY TO MAKE $S IN THE SILVER MARKET
STACK TILL YOU CRACK !
Very frustrating. Just holding SLV would have been better and without the risk.
Great catch, yup too much risk in the stocks for us old timers and many not interested in playing the FOMO game , the rise took many by surprise.
Yes, Fully, makes one want to pull his hair out! I think we’ve seen very little retail rotation into the metals stocks, but when it comes, and it may well first require a huge takedown of the S&P, I want to be fully invested with respect to my portfolio allocation to metals stacks, because I think it will be absolutely biblical and happen literally overnight.
When q4 numbers come out, this will start to run. There is obviously no belief by major banks that gold and silver will maintain these levels, otherwise the would be buying. My play is to do bullish spreads on miners for the next leg. If you go out 6 months, you can capture 300 to 400% on GDX and GDXJ at the moment. Will do some work after the holdidays and share with the board.
Patience grasshopper