Crapping my pantsLike most of you, we were getting killed holding Precious Metal stocks. My as I came to new money and there was blood on the streets, I through my money in to the fire in November when SSO was bouncing off it's October lows. I guess I nailed it at $9, as it more than doubled now at $22.
I haven't sold 1 share yet, as I'm about average now.
In a way, I'm hoping for another sell-off. Precious Metal stocks still have a way to go. May take a few years but this world is in a terrible place right now, and I don't believe it will get better for the next decade.
SSO was at $40 12 months ago, so that's where I'm guessing it will go in 12 months.
What do you think?