10 year bond yields over 1.5% on inflation that everyone with the exception of Powell knew was increasing, and the dollar strengthens in the face of a 1.9 trillion dollar stimulus bill.
If you want my opinion, I think everyone is trying to sort out what all of this means. A couple of things I do know; the government spending like drunken sailors will weaken the dollar and the need for silver for green energy will increase demand.
Additionally, the report today was solid and indicates to me, that we should make between 12-16 cents per share this year. How many stocks selling for .85 cents a share are producing that type of profit?
I'm comfortable here today because the selling is light and I know what I own and why I bought it.
It may take a little time, but I think it will be worth the wait.
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