Because I started investing in it. It naturally has to drop in price.

Because it was clearly a speculative bubble, and speculative bubbles always pop. FOMO pushes prices up dramatically to levels that clearly cannot be sustained, then some catalyst causes investors to panic sell out of fear of losing their gains. Tale as old as time.

I think it’s a correction, but the USD is still an uncertain investment these days so it’s going to still be a decent investment for a while. Not a gold bug, just not feeling any confidence in the federal reserve.

I don’t really trade metals because I don’t think they’re nearly as safe a haven as they’re made out to be, but if I did, I’d buy this dip. I don’t think Warsh is going to be nearly as independent as the market seems to, and you know Trump’s gonna do something stupid that’s going to send the price skyrocketing.

Still up compared to last time I bought silver at like $33/oz, if that $72/oz holds I’m not complaining. I knew +$100/oz was temporary for now.