My 2x leveraged silver position $LSIL (+22,23%) has now become a 10-bagger. I sold the first tranche at the end of 2025 at a good 5x when the margin requirements rose.

The retail FOMO on Reddit is getting a bit too blatant for me, but you hardly read anything about it here. I'm thinking of switching the ETC to a physical, unleveraged position now. As I no longer expect the vola to move in one direction only, I would like to reduce the rolling losses. The capital should then flow into a physical product that is really covered (no swap etc.).

Just a question for the experts:

• What do the others do who don't play casino,
• Which product do you buy/hold?

I mean, gold is clear, you really buy it physically, but silver is not so easy.