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Captain Hook

Posted by aurum @ 11:48 on December 20, 2023  

I am of the idea that interest rates will stay flat to up even though the stock market is looking over the abyss.  While for the long term holders bullion is the best plan, for those of us that are so old that they have get the thrill in new places, the pm juniors are the place to trade.  I would never buy and hold the juniors although that on occasion has been a fault when I look at a chart and remember when I sold way, way too soon.  Still think of the names that have come and gone – the darlings of the moment.  Still I could change my outlook at any time, but for now letting the government paper mature and holding cash, buying bullion, and trading the juniors is the order of the day, as Wanka was fond of saying.

Also, since folks think the pm stocks will initially follow the general market down, is that a contrary indicator.  Perhaps.

aurum

 

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.