Another interesting day, where markets want to go up up but can’t-
Impeachment is out of control- the military is all over DC-
Very uncertain times- but gold is not moving much-
Today, I sold SLP, I bought it yesterday when it dropped 8%. I made good money with SLP and have a long position-
But in uncertain times, cash is king so I sold it.
I bought more AG and HL. Silver will pop soon-
I am still 25%+ cash- So I am fine- I am just waiting for gold and silver to pop so I can go ahead and deploy more money.
My REITs are a bit down but I am ok. Housing REITs and mortage REITs will be fine.
Today, I went to Costco to get some food and it was packed…wow…
I think there is lot of spending power and hopefully that will boost the economy once COVID-19 policies become more prudent.
I am pessimistic about 2021 but I can’t ignore the consumers’ spending power that has not been unleashed…
Regardless of my views, gold and real estate will do well- So I am focusing on these areas.
I may look into uranium- I think the push may be coming soon-
For now, I will see-
Thank You Jesus for another blessed day. Let us always be joyful and give You all the glory Amen!
Rejoice at all times. Pray without ceasing. Give thanks in every circumstance, for this is God’s will for you in Christ Jesus.
1 Thessalonians 5: 16-18
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