Crazy two days for the markets and gold-
My gold miners took a big hit-
But I swing traded and got nice 2-3%- But my long portfolio is down 6% in two days wow-
Still the thesis for gold is only getting stronger so I don’t mind hanging on and putting down more when the markets drop.
Also, being 50% cash helped a lot- Now I am only 30% cash- In two days, I put money into my gold miners that fell between 10-15%-
I will swing trade some more and get back close to 50% cash again soon-
Way too volatile. But I am slowly building my gold/ silver portfolio.
Long AG, HL, MUX, EQX, SAND…
REITs also got hit- Bought more BRG 😀
The market craziness will continue and in times of uncertainty, cash is king-
So my action plan: Swing trade and be heavy on cash-
Also, buy anything that can last more than 3 months and you will save some money before inflation just rolls over everything-
Thank You Jesus for a blessed day. Always thankful for Your love and mercy 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