the drop in the price of precious metals is disappointing.
we sold and took a small to moderate bath on this one, as november could be pretty bad for pm.
i'm looking to get back in sometime before the end of the year.
if ivr goes below 0.01 it could free fall!
when the short squeeze comes on silver, it could be massive, especially if there is really around 100 times more paper silver than physical silver!
http://www.cnbc.com/2015/10/21/where-goldman-sees-gold-price
http://www.theweek.co.uk/gold-price/61682/gold-price-nerves-exposed-in-post-fed-dives-one-year-on.html
sentiment: short term sell
Annual Report, page-4
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