Gold near $1500, silver near $50 but where is your stock's price? Compare to when gold was $1000 or silver $20, did your stock appreciate by same percentage?

If you are like me, many of your precious metal stocks did not. Yes PM stocks.

The all mighty US dollar is no longer mighty and many investors are switching to precious metal bullion but not into many PM stocks, at least it does not appear to be so.

So when will reality set in and those investors branch off into PM stocks also.

I suspect that it is like a dam in flood season. Pressure builds up but it takes time for the pressure to produce cracks and cause it to break. The cracks just may be the lack of sufficient bullion to meet demand. I also suspect that many are content to receive paper as substitute for the metal, Ouch.

$0.85 on redrilling news, comical indeed, imho.