InvestorsHub Logo
Followers 19
Posts 1670
Boards Moderated 1
Alias Born 05/24/2019

Re: spec machine post# 6760

Friday, 07/15/2022 1:02:06 PM

Friday, July 15, 2022 1:02:06 PM

Post# of 7858
Yes, it looks like the global interest rates are going to undoubtedly trend upwards in the fight against ever higher inflation, which should cause the global economy to noticeably slow because it will be more expensive to do any financing.

But this will not mean the end of the world. The world will keep going. So I am thinking about how to best position for the turn around whether it comes sooner or later. Do you still see it as three steps in one-half the time? Curious.

I plan for purchases of more shares in a series of bids if I can find any sellers at the right volumes and the right prices. Also if XOM dips below $80, I plan to jump in and get more of that too. Not trying to catch a falling knife, just positioning for the future with natural resources. More speculating than trading I suppose.

I think I would rather have barrels than apples.

Inflation Documentation/Chart: http://www.ruthfullyyours.com/2022/07/14/cataloguing-bidens-ineptitude-on-inflation/





Mrs. Smith