It’s good not to expect too much from the shares just yet, because if there is a liquidity event like the year 2000 next year, with year end money printing acceleration followed by a contraction the possible common denominator, then PM shares could sell off with the broads for the first 6 months.
That’s what happened in 2000.
Silver too. I wouldn’t expect to see it take off until liquidity conditions improve.
Of course the Fed is very aware it must stay ahead of the debasement curve or face wholesale asset price collapse, so we might get some version of hyperinflation eventually…when the population realizes what is happening…likely not until they stop eating.
Cheers…or chumps…that’s the life of a PM speculator.
Chuckle