I sold most of my positions about a week ago. I like the action today and I am about ready to step back in, as I feel this dump was needed to clear out some of the weaker hands. The global money printing story hasn't ended by a long shot. I am currently in HL to keep some exposure to the metals while waiting for the pullback. I think I will add to my position if it can get to the low 6s. I was in GDX, but I do not like the fact that some miners hedge and won't capture the run up in the next several years, so I am now looking for more individual plays. I like HL because it has negative mining costs for silver(due to other minerals mined and sold), it is sitting on larger reserves, it does not hedge silver, it has a ton of cash, and practically no debt. Please share what you guys are in and why.
*can we avoid the penny stock gold mines, thanks.
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