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<p>[QUOTE="Rono, post: 4214038, member: 6492"]Howdy folks,</p><p><br /></p><p>Here in mid - Michigan, we're not seeing a lot of shortages or hoarding other than the obvious stuff like Purell. That said, I fear things are going to get worse before they get better. The 'survivalists' have been hoarding but that may be helping the POG and POS as the geopolitical situation gets crazier and crazier. One thing to remember, is that the POG was already at a high as expressed in every other currency in the world - just not the $. And the powers that be are still doing their best to keep the lid on the prices here at home as I write. It's just getting harder and harder and this pandemic is exactly what could cause the paper bullion market to implode. How many investors of options are going to opt for taking delivery? It wouldn't take much.</p><p><br /></p><p>As for market moves, hell, I went to the mattresses November 2016 in the sense I raise my cash allocation by two units (20% of portfolio). I always play the junior silver miners and keep a couple around as canaries. That's what went off in 2002 at the start of the Big Bonanza. Right now I've added to SILJ, CEF, and added GDXJ. Owned PRPFX and SGLDX for years. Also adding to physical side beyond the normal beginning of year purchases. </p><p><br /></p><p>And again, good people, please buckle up and take care of yourselves,</p><p><br /></p><p>peace,</p><p><br /></p><p>rono[/QUOTE]</p><p><br /></p>
[QUOTE="Rono, post: 4214038, member: 6492"]Howdy folks, Here in mid - Michigan, we're not seeing a lot of shortages or hoarding other than the obvious stuff like Purell. That said, I fear things are going to get worse before they get better. The 'survivalists' have been hoarding but that may be helping the POG and POS as the geopolitical situation gets crazier and crazier. One thing to remember, is that the POG was already at a high as expressed in every other currency in the world - just not the $. And the powers that be are still doing their best to keep the lid on the prices here at home as I write. It's just getting harder and harder and this pandemic is exactly what could cause the paper bullion market to implode. How many investors of options are going to opt for taking delivery? It wouldn't take much. As for market moves, hell, I went to the mattresses November 2016 in the sense I raise my cash allocation by two units (20% of portfolio). I always play the junior silver miners and keep a couple around as canaries. That's what went off in 2002 at the start of the Big Bonanza. Right now I've added to SILJ, CEF, and added GDXJ. Owned PRPFX and SGLDX for years. Also adding to physical side beyond the normal beginning of year purchases. And again, good people, please buckle up and take care of yourselves, peace, rono[/QUOTE]
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