General Stock Ideas

[gfp927z]

Bigworld, >> wealthy family <<


That reminds me of a girl I knew who had been a nurse for one of the Rockefellers up on Long Island / Hamptons. The pay was great, and there's always the chance you'll hear about some great stock or investment opportunity or other useful info.

Well the dollar chart looks poised to move back up above 94, but if Rickards is right about the Fed postponing their December tightening, the dollar should soon resume the downward trajectory that began in January, and gold should bounce. I figure the dollar may move up to 95 in November before reversing as the Fed stays pat with rates in December. But Rickards might be wrong, so we'll see.

Fwiw I've been updating some of my I-Hub boards and added a group of data center REITS to the Dividend Board (link below). Buffett recently bought a stake in the REIT sector (STOR), and it seems like a fairly recession proof area. The retail REITS have been hit but other types should be solid, like HealthCare, Self Storage, Data Center REITs, Telecom Tower REITs, and some Residential. These should be good areas for money after the crash brings down the markets.

Btw, with Xi of China safely past his reappointment as Communist leader, the door is now open for the big yuan devaluation. It will be interesting to get Rickards' latest take on that situation. The 3% yuan devaluation back in mid 2015 crashed global stock markets by 10%, so what might a 20% mega devaluation do? Rickards says China has blown over a trillion of their previous $4 tril in foreign reserves in propping up the yuan to maintain the dollar peg. So they've been itching to do the big devaluation, which will also help stop the capital flight out of China, since much of that was in anticipation of the inevitable yuan devaluation.


https://investorshub.advfn.com/Dividend-Stocks-28771/