Good thing about the Fed meeting coming up is the PMs were heading to over bought areas. I saw yesterday on Bloomberg one mining stock saying that energy bills were cutting into profits. Hope they can handle that because this time nothing’s holding them back although I’d watch out for the yield curve to move up out of inverse. Last couple of times 08 and 20 the market tanked.
I decided to buy and hold some Bitcoin miners and you know their and tech computer related shorts do better to hedge then the PM shorts. The Bitcoin miners I hold down 34 percent so far but the hedges are up 40 percent.