I suspect Maddog, being a former professional trader, probably has the best insight into the PM markets of today. Just too many options available to the investor for most of us to get a true grip. Go long the metals, short the shares. Go long the ETF’s, short the shares. Derivitive upon derivative, paper on paper. It is all too confusing for me. Which is why I have resorted to simply making trades based on PM’s going Up or Down, on any given day. All past indicators such as Duller. Dow, etc are pretty much useless.
Might as well just make a daily ‘bet’ of up of down for the PM’s. Very little else makes sense in the markets of today. The system is broken, the market wagon wobbles from day to day. Little, if anything, makes sense today. Which is why I have decided to enter the market as a Casino player. IMHO, there is no ‘Real’ investment strategy to us common folk anymore. Simply the playing of odds.
The only exception to that view is to do like Winedoc and others, just keep stacking and know one day, the PM’s will be priced at fair value.
Just this one man’s opinion. Each will have to decide what is best for there own self. We live in interesting ( uncomprehendable) times.
Best to you, and glad you decided to keep posting your thoughts, Farmboy