There is much risk at this point. Very interesting times we live in, but we are at a crux between deflation and inflation IMO. I really dont know which it is going to be, but we are looking at the deflation side right now....
I am tempted to sell everything to tell you the truth and go to cash. It has been pretty ugly lately, but I am telling myself that the long run leads to inflation and commodity strength.
I'm making out phenomenal with the buys I place EOD and book the next morning since we've been alternating up/down days lately, but other than that, getting pretty serious with my miners. I thought a 20% correction would be in the cards, but we're looking at a 65% drop in Yamana from it's high!!!!!!!!
4 comments:
Joe,
There is much risk at this point. Very interesting times we live in, but we are at a crux between deflation and inflation IMO. I really dont know which it is going to be, but we are looking at the deflation side right now....
I am tempted to sell everything to tell you the truth and go to cash. It has been pretty ugly lately, but I am telling myself that the long run leads to inflation and commodity strength.
I'm making out phenomenal with the buys I place EOD and book the next morning since we've been alternating up/down days lately, but other than that, getting pretty serious with my miners. I thought a 20% correction would be in the cards, but we're looking at a 65% drop in Yamana from it's high!!!!!!!!
sold SRS bought @ 80 for 88.8
Nice job Fish, you do VERY well with SRS!!!
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