Roni, thks. for your list, gave me a few symbols to check out and want to comment as well on my allocations.
I really like the first group, auy is stellar company, good interest, should outperform many,
azk avery small cap, non-producer and its upcoming prod. very small, not my cup of tea
gld very good in place of cash but will underform equities as this gets legs, have long recommended as an alternative to USD
slw, well yes very good but still prefer HL and even ssri, but great all the same
as for other metals, a penny stock (gpxm), so not part of my portfolio, mmg a non-producer so no
energy no postions as imo depends and many more variables then precious, even with no war, conflict etc USD still in trouble hence gold rises, stagflation, inflation even deflation support gold while the same cannot be said of energy
tech. fine but if US economy actually slowing than lookout
just being honest and hope you take it as such, a healthy discussion.
in a nutshell trading funds geared to liquid precious metal stocks with specific characteristrics, i concentrate my funds, shy away from diversification, prefer a few big bets to many smaller ones, gives me more room to act quickly, and not following too many things
so: ssri, hl, bgo kgc, ng
out of the dow here and see wider market as precarious here.
see gold and silver back at old highs by Christmas with or without commodities and energy so why own them???
as for playing outside of precious i tend towards DOW components as I find the charts easy to read in that they follow classical behavour.
cash down to 8%
Look to be selling into some strenght on monday due to technical and short factors as prev. mentioned
thks again for your post
and congrats on a great week