The markets are crazyOne of the reasons I am in copper is because it seems more stable.
I do own some Silvergate Capital, which is a banking stock, not metals. Elon Musk drove it through the roof with his bitcoin purchase this week. That guy has too much influence.
Silver, for instance has been manipulated lower--exactly the opposite of what the Hunt brothers did in 1980. I got burned in that one. That was my first foray into investing and I learned some hard lessons.
All Musk has to do is text the word "silver" and that market will go nuts. Its a rubber band ready to break. I just don't trust the ETFs. I do not think they hold the phyiscal silver that they lead people to believe.
Hoping for a more rational approach in copper.