Mining Sector Ideas

[bigworld]

gfp: That's too much small trading for me. I'm back to work today after a few days at the beach near Wilmington, NC. Other than ACXP I'm avoiding biotech and most general equities unless they have a natural resources component and/or pay a high dividend like ENB. A bear market cometh. The often start at or just after a first Fed Rate cut. If Powell and his lackeys lower rates in September then the big bad bear will arrive by October. Now is a time to get defensive. If you have to be in equities the ultra safe stocks like utilities that pay dividends of 4% or more, natural resource stocks including energy, precious metals, cash and Treasuries. I'm positioned right where I want to be, including about $100 K in the money market fund in my 401K (I moved out most of my 401K to a self directed IRA once I turned 59 and 1/2). I will retire at the end of the year and roll that cash into my IRA and invest it as circumstances develop.