I am investing heavily in PMs now and would like to invest some cash in oil and natural gas stocks. I would like ETFs. Any suggestions? What about ENY?
I am from Canada. Maybe that's why I like Eric Sprott. According to him, the short-term investment story is PMs, and the long-term one is energy (especially oil).
As a potential hedge against falling USD, I bought a lot of PMs and DBA. PMs have been performing as expected. However, DBA hehaves like as if nothing has happened to USD.
I hate to dump DBA, but continuing to hold DBA keeps me loosng purchase power in general. Shall I continue keeping them?
I still have 40% in cash in USD and would like to get out of USD completely. The question is when and how. Equities have advanced a lot worldwide and might be vulnerable for a correction. PM have gone up a lot. How should I get out of USD now? Wait a while for a stock market correction? Or get out of USD now? Please share yuour thought. Thanks!
Today, SPY down a lot, USD up a lot, as expected. What surprises me is that gold and silver are almost even. Is this a new trend? Do the sheeple finally realize that USD is not a safe heaven?