[TrainedMonkey]

> But an "asset" to lose 30% of its value in a day... Wow!

When prices are determined by speculation it do be do like that.

[NoMoreNicksLeft]

I bought back when it was pre-$15/oz. Though, for awhile it was fun to think I had $100,000 in my floor safe. But it's not a speculative investment, that's my "bribe my family's way out of the country" money.

If anything, I hope it falls low again, I haven't been buying any junk silver the last few years and I should have been doing that.

[recursivedoubts]

Strongly recommend not discussing specific amounts and locations online

[nikolay]

You think Apple's stock isn't also driven by speculation, just like any other stock?

[TrainedMonkey]

No. Apple PE ~33 implies ~14% EPS growth over the next 10 years, seems achievable. YOY Apple is ~10% and silver is over 270%.