Anyone else into shiny? Tickers around silver, gold, and platinum are welcome.
Been watching metals pretty closely this year with how bullion’s been moving. Kitco pricing is just a submarket but I think with the volatility, government buying, continent delays in supply - feels like there might be some opportunities to buy into listed companies/etfs.
For silver, after like 4+ months of waiting I finally bought some $AG today under $19. Felt like buying constitutional at like 35x face value, and I'll buy as much as I can around this level. I think $30+ by EOY is very realistic as that aligns with the resistances needed to support the next level for silver at what everyone expects to be around $90-95 oz, and from there it will probably stagnant for a bit.
Generally not big on ETFs, but I may be adding these two after the recent pullback in the metals.…