Hope he's right. The action in the shares continues to be horrible. I really don't get it, most of my oil producers were up while oil was down while all my PM's were down including the silverone's while gold and silver finally hold steady.
Amongst others Silver Weathon has taken a huge hit since the beginning of the year which is not commensurate with the decline of silver. It seems like the market doesn't have a clue on how to value the PM stocks. The price of most of them, even decent companies mid size and 1 Million plus producers is a real joke especially given the valuation of moribund companies elsewhere on the major indices which in the US anyway keeps going up. While the manipulation of the sector is partly to blame there are certainly others which we tend to ignore. I don't want to be overly negative but once the markets correct we might be in for another major nightmare with our already undeperforming positions. Having a stronger position in physical than the shares seems like the more sane strategy in this current phase..