I used to be the biggest Silver-bug evangelists around. Lobbying family and friends to buy silver. I have never sold an Oz. However I believe that most of the optimism is based on skitz-logic, necessitating crazy back door agreement for new currency backings etc.
I think silver isn’t a financial asset like gold, anymore, so the GDR is meaningless.
So the only reason to invest in silver is a commodity like any other, or because you believe currency collapse is around the corner.
If you hold for 50 years you might be able to wait for a good return, but not everyone can,
Ann: Strong Assay Results 1520g/t Silver Best at Maronan, page-20
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