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Re: None

Tuesday, 05/17/2022 10:14:42 PM

Tuesday, May 17, 2022 10:14:42 PM

Post# of 29484
IMHO Timing is everything. There are many factors to weigh.
I think that it is going to be important for PSRU to take a big jump in July or August because of external issues that have nothing to do with PSRU. The FED is trapped and acting like they don't know it. After two more rate hikes the shit will overwhelm the fan and the Fed will reverse course to save the Bond market. When the market experiences a systemic shock, everyone will want to sell everything and take a 100% cash position. I hope to be cash rich and a bargain hunter before that happens. Then rate cuts and QE will start again.

If I can cash out before August, I will become a gold and silver enthusiast. The conditions will be perfect for a huge spike in the metals. If the timing doesn't work out, I will just hold until PSRU trades at its real value which, at a minimum, I think is going to be north of 10 cents. All IMHO of course.

BEST OF LUCK TO ALL OF US!