Its the end game. Even in a deflation its a solid asset, its real money and costs a lot of money to find and produce and its constantly under valued behind the inflation curve. $140 Gold X 20 S/B at least $2800 today. AGQ playing dangerous? I know they are time wasting assets. Short term only, a $2000? A 10% loss is only $200. $4000 only a $400 loss.
In the hey days with a strong trend I play with a whole lot more. Ya know another thought. When you see silver very low and you KNOW its going to go up, who has time to run out and buy some physical coins bars etc? But the AGQ goes double AU. Cash out and buy the physical later with the profits.
PS I just sold AGQ and used the profit into to buy back TZA fingers crossed.