Richard, I have no Maxam, insufficient funds; all crumbs are in SSRIF. The long term outlook is good for silver. SSRIF is at a triple bottom (of its recent trading range) and should move up as the price of silver consolidates and advances. I have been selling the rallies, picking up a hundred dollars here and there.
Re IPM: I hate being broke and, having won at essentially everything I've done, I should think that I would have been furious at wiping out. But I'm not. It's almost as though I needed the experience. Perhaps similar to Greg Norman losing the Masters. He, IMO, had more to gain from losing than from winning. "I'm a better man, for it," he said afterwards. He was comfortable about it, very much the way I feel. I'm in no rush to get it all back. I know I will. And I'll never again lose it all, because I've been there, done that. Strange game, the market. Best game in town. A voyage of self discovery, essentially. |
