Mostly: Classical

[ItsAllCyclical]

PMs - As usual I can still find plenty of laggards that I still find cheap at sustained 550+ gold prices let alone 650-700. The problem usually becomes that the leaders get too pricey as most of the funds plow into the same 15-20 names. The leaders become more than fully priced and the entire sector stalls as the momo traders take over. We could see a bigger correction, but at this point I'd be surprised if we see 550 or lower prior to 800+. I'm about 30% PMs currently as long term plays mostly, but will probably get back up around 50-75% at the next IT bottom again.

Congrat on making some nice ST coin on WFMI. I've only shorted it in the past and made money thankfully, but no position currently. At some pt when they've saturated the market and the economy turns down they should be a ripe short, but for now you have to be very nimble.