Be a bit careful with the "advice" of Andy Hoffman. He has long displayed an anti-PM share bias as he is affiliated with a bullion company and this linked piece sounds very much like a subtle plug for Miles Franklin to me.

Nothing wrong with bullion, BTW, but previous bull markets in gold and silver have consistently shown the REAL money is to be made in the shares which, although depressed for various reasons right now, are value-laden compared to bullion. Without these companies there will BE NO BULLION.

Compare the present time with the PM bull market of 1974-1981 when the shares in fact did not peak until AFTER the gold price did and in fact was falling.

Also, think of Homestake and its peers after the "Great Depression."

This is not to be construed as investment advice, merely my observations historically. The same as above may or may not happen again but I have a sneaking suspicion that when the corrupt banksters and TPTB chase enogh sheeple out of the shares, which they are continuing to do and have squeezed every cent they can out of the sellers on the downside, they will most likely turn cheek, pick up the jettisoned shares for pennies onthe dollar, and run them in the other direction.

GLTA