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This guy sold all his silver at $29/oz. Do you think he regrets it today?

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NoLimit

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257,253 views • 7 months ago •via X (Twitter)

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Do you think he regrets it?
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Do you think he regrets it?

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Rick Rule: On why he sold 80% of his physical silver. - He bought silver because it was hated - Now that it is no longer hated, he sold it When the reason for owning an asset goes away, the asset has to go away. - He sold physical silver to buy silver mining stocks - Silver miners are discounting $40 silver In other words, even if silver corrects, miners should outperform. Silver miners are, at this point, a superior speculation.
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Rick Rule: On why he sold 80% of his physical silver. - He bought silver because it was hated - Now that it is no longer hated, he sold it When the reason for owning an asset goes away, the asset has to go away. - He sold physical silver to buy silver mining stocks - Silver miners are discounting $40 silver In other words, even if silver corrects, miners should outperform. Silver miners are, at this point, a superior speculation.

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Up days like today I'm grateful for guys like Scott Minerd RIP🕊️ His 2011 pump — $500 oz Silver by 2031 made those lean criminal mkt yrs easier to stomach & stack mass oz through Silver spot $17.77 oz bid back when I edited this:
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