I learned my lesson earlier this year when MBN (Mirabela Nickel)...

I learned my lesson earlier this year when MBN (Mirabela Nickel) crashed, burned and smashed me up. (At least I actually got out, the SMART MONEY??? so called 'investors'(at 2 cents and below) who now own it own nothing but massive debt, I do not think it will ever trade again). I was lucky that I got out of 2 gold stocks that I also owned in September (not KCN) for if I had held them, I would be down another $20,000 now. I got out debt free thankfully, but still lost plenty. I am buying physical silver only from now on and am waiting for it to get even cheaper (it will). One reason why? Very simply NO COUNTERPARTY RISK! You buy physical, you actually OWN it, it carries no debt! Never ever again will I own anyone else's debt. I may not make as much as an equity holder buying at the true bottom, but silver will do well enough in a general bull market for metals which will come again in the future. Not immediately, but within the next few months, I'm certain. GLTA here.