And the shares were going up as it the metal itself was rising.
I foolishly sold a lot of HL recently in order to shirt the market. But I should be content. I made a lot of money going up, but a fraction of what was theoretically possible. But I was mostly lightened up when it crashed.
I have jumped on a brand new stock for me PAAS and will conservatively average up. Swapping from gold into silver is my opinion here.
The masses , are reluctant to buy a gold coin at $5500.
However, they are not overly eager to buy a silver eagle at over a $100 either.
The premium on a silver eagle is basically $20 over spot now and the last day I was in the store, a lad was selling small gold coins and buying 10 ounce silver bars.
Maybe he is smarter than me.