Bloomberg: “Investment experts see opportunities ranging from dividend-paying stocks to crypto lending platform Aave.” Not one of them mentioned gold or silver.
I wonder if the miners will take a hit when people have to cover their losses, like they did the last time the market had a correction. Oh wait, they would have to own miners first, right?
The trick is to invest in the miners after due diligence and on a weekly or so basis adjust the Stop Loss points. If and when they 'take a hit', you preserve your profits. (I'm probably singing to a choir member)
It’s simple . The financial industry is no different from the pharmaceutical industry. They will always advise you to consume what is profitable for them self. They earn nothing if you buy gold. It’s really that simple in my opinion.
It's important to do your own homework and not assume that your financial adviser is working for you. In fact, the vast majority are following the investment portfolio designed by the institution that plays it safe and only looks at long term results. So they only think in 10 year, buy and hold mode. It serves them, not you. I made changes this year that has shifted my YTD performance from about 3% to 15% so far. Yes, I bought miners and dumped the losers.
Could you explain as the dollar collapses, what will happen to stocks, ADRs and ETFs of gold and silver, of gold and silver miners, and of Chinese equities denominated in HKD and CHN. Many thanks for your wonderful work.
I wonder if the miners will take a hit when people have to cover their losses, like they did the last time the market had a correction. Oh wait, they would have to own miners first, right?
The trick is to invest in the miners after due diligence and on a weekly or so basis adjust the Stop Loss points. If and when they 'take a hit', you preserve your profits. (I'm probably singing to a choir member)
It’s simple . The financial industry is no different from the pharmaceutical industry. They will always advise you to consume what is profitable for them self. They earn nothing if you buy gold. It’s really that simple in my opinion.
It's important to do your own homework and not assume that your financial adviser is working for you. In fact, the vast majority are following the investment portfolio designed by the institution that plays it safe and only looks at long term results. So they only think in 10 year, buy and hold mode. It serves them, not you. I made changes this year that has shifted my YTD performance from about 3% to 15% so far. Yes, I bought miners and dumped the losers.
🎯
Thank you Alasdair.
Could you explain as the dollar collapses, what will happen to stocks, ADRs and ETFs of gold and silver, of gold and silver miners, and of Chinese equities denominated in HKD and CHN. Many thanks for your wonderful work.