Mike Maloney: Silver Is A Roller Coaster Ride

Mike Maloney discusses how volatile the gold and silver markets can be and goes over some of the previous major pullbacks in the metals.  He makes an interesting point that investors would love to go back and buy at the peaks of previous rallies even though at the time they beat themselves up for buying at the peak.  Essentially what he’s saying is timing mistakes are eventually corrected in a bull market, so even silver investors that bought the recent peak in the high 40s should see their mistake corrected as the silver bull continues forward.  They might have to wait a while for it to happen but patience is rewarded in a bull market.