Quick update: I have bought some gold (GLD@121.50) and silver (SLV@19.60) as I find the correction to be very substantial and sentiment readings to be extremely negative.
Again, this is a short term trade as on the long term, I believe PMs will drop in value over the next few years, with silver trading in the single digits at some point, and that's the view I've been sharing since silver was close to $50.
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