I bought gold back when it was around $800 per ounce. At the time I looked at it as financial insurance.
That was a good investment, though I can’t time the top of the market.
I think I bought around 40. Now, of course, I wish I had bought about 2000. Tomorrow I'm jumping back into silver, but this time it's silver mining. I think the challenge with silver metal will be finding a place to buy it when I need it most.
I can’t time the top of the market either.
but I can take some profits when I am way up. I still wish I had sold more many years ago when it hit 50. so I am selling some at 100 and will keep selling it a bit at a time as long as it keeps goes up and conditions seem to indicate it will continue.
We will see what kind of short squeeze develops (or doesn’t ).
will I buy silver at this price, no. gold no. pd and pt don’t think so
I might consider getting some pu if I can get a good deal from a group of Libyan nationalists at the twin palms mall, maybe