The daily charts of the silver bubble don’t really do it justice. You have to get the near $50 price in the picture from the overnight session of April 25th to really appreciate how grossly overbought this market was. The price is cratering another 8% today. This is now a full blown market crash.
My call on avoiding the silver market in April wasn’t necessarily prescient, but from a risk management perspective it couldn’t have been more spot on….
Mr. Roche is the Founder and Chief Investment Officer of Discipline Funds.Discipline Funds is a low fee financial advisory firm with a focus on helping people be more disciplined with their finances.
He is also the author of Pragmatic Capitalism: What Every Investor Needs to Understand About Money and Finance, Understanding the Modern Monetary System and Understanding Modern Portfolio Construction.
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