My biggest investment $965310 (+3,21%) is now up over 100% this year (in euros). A big milestone! It hit fresh nominal all time highs in basically all currencies. Does this mean it's overbought?
My thoughts on this are very clear: no. Silver tends to overshoot gold a lot in a bullmarkt, which we are currently in. In previous bull markets the gold silver ratio got as low as 20-30. Right now it's 65. This means silver can still more than double from here, compared to gold. All while gold also rises.
My target is well over €100 per ounce, with a spike possible over €200. I haven't sold any yet. What are your strategies on gold and silver? Are you buying? Or selling?