Great piece. I'm only 2 years into metals investing and am having a difficult time understanding the miners not participating in the recent moves. Quirky space.
Also curious how you estimate the price of Bitcoin assuming a huge outflow from the ETF's? You must be assuming their introduction will add to volatility because ETF volume dwarfs "normal" activity? I recognize your example is hypothetical, just curious how you get sub $10K?
Great piece. I'm only 2 years into metals investing and am having a difficult time understanding the miners not participating in the recent moves. Quirky space.
Also curious how you estimate the price of Bitcoin assuming a huge outflow from the ETF's? You must be assuming their introduction will add to volatility because ETF volume dwarfs "normal" activity? I recognize your example is hypothetical, just curious how you get sub $10K?