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Pan American Silver Corp. (PAAS $77.60)
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Silvercorp Metals Inc. (SVM $14.19)
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Discovery Silver Corp. (DSV $9.09)
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First Majestic Silver Corp. (AG $28.27)
Q: Dear Peter et al:
"Rumblings" by YouTubers suggest that Silver's top is fast approaching. 100$ seems to be "magical" figure. Some are suggesting to "lighten" up. I have the above mentioned favorites of yours. (Didn't get CDE/HL) I have done well with ALL of your Gold/Silver choices.
The question is if one should stay put or "lighten" up as others seem to say. I am an investor and NOT a trader.
P.S. Reading your answers I get the impression that you seem to think that there is some ways to go up in commodities. Hope I am not wrong in my interpretation.
"Rumblings" by YouTubers suggest that Silver's top is fast approaching. 100$ seems to be "magical" figure. Some are suggesting to "lighten" up. I have the above mentioned favorites of yours. (Didn't get CDE/HL) I have done well with ALL of your Gold/Silver choices.
The question is if one should stay put or "lighten" up as others seem to say. I am an investor and NOT a trader.
P.S. Reading your answers I get the impression that you seem to think that there is some ways to go up in commodities. Hope I am not wrong in my interpretation.
5i Research Answer:
$100 is just a number and there should be nothing significant about it. We think the rally has some legs still, but not perhaps at the same torrid pace. Conditions that started the rally (Central bank buying, AI, scarcity, low rates, weak currencies) very much remain in place. We would be fine maintaining a position that reflects one's one risk levels. It will be volatile, and we do not think one needs to 'load up' on the sector, just have a decent representation.