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RE: Could Precious Metals Equities Ever Rise 5,000% Again?
Thanks for the input iarumas. I do think that the rise of cryptos is major salt in the wound to many of us sound money investors. Silver at $16 while Amazon is at $1,050 and Bitcoin is at $3,200+ is absurd.
Actually I'm not that unhappy with Silver at $16 atm. As I said, have a look at the implied vola!! I'm currently stacking up on some options with maturity up to 2 years out. Could be too early, but then again, the vola is so low, the options so cheap, that you're losing very little to nothing if Silver stays stale, but gains will be tremendous if "something happens"!
But I totally get your frustration!
Cheers!