Let’s be honest here…

Anyone who’s been stacking for more than a couple years should have expected a rocky plateau around $50. There’s so much more involved in this than a typical investment, even more than other metals like gold. It’s not just supply vs demand, although that will eventually be what pushes prices to new ATHs.

The dozen different demand sources are constantly rising and falling. The banks have been shorting and manipulating prices for decades and millions (billions, maybe?) of shares of paper Ozs will be sold at various levels for profit-taking.

DCA and long term hold is my strategy. The demand vs supply principle will always win. The price will have to rise until demand drops to match, which most likely means investors getting way less OZ per $. That, or some revolutionary change in mining which is much less likely.

Stack on, apes.