Silver is up, Gold miners are up, Bitcoin us up, Bitcoin miners are up, the VIX is flat, S&P is flat,...
The world is now flooded with newly printed cash and vaccines are being administered. Once people start spending again, the velocity of cash flow throughout the world will increase. People will want what they want, and inflation will kick in...and the election mess will soon be behind us.
I am mostly in cash at the moment. Watching and waiting...
I believe the market is generally forward-looking. I am currently in precious metals (AGQ) and metals miners (GDXU), Bitcoin (GBTC) and Bitcoin miners (MARA), while I wait for a clear 2021 trend direction to be established. I think I know which direction that will be, but will not act until it presents itself.
I spent much time over the long News Year holiday weekend soaking up as much information as I could find on Cathie Wood and ARK. I believe there is huge potential for profit by shadowing her moves rather than simply buying into her funds. Still working on this.
GLTY
My posts are my opinion. Always trade at your own risk.
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