Stock market in unusual situation

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Oumedc
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Re: Stock market in unusual situation

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Kammekor wrote: Sat Jul 25, 2020 1:42 pm
clutchcargo wrote: Sat Jul 25, 2020 1:19 pm With low or zero interest rates, fiat money printing and bond buying, US/China relations, BLM riots, Wuhan virus spread around the world, upcoming US election and general uncertainty, a lot of people are piling into gold.
And silver. But most are too late to the party I think.
I bought Silver at 14.25 the instant WHO made a statement I was in Hanoi. Having coffee and said this is going to be Big... I think much room still 39.000
by next year .... But i have been stacking for years
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Kammekor
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Re: Stock market in unusual situation

Post by Kammekor »

Oumedc wrote: Thu Sep 03, 2020 11:37 am
Kammekor wrote: Sat Jul 25, 2020 1:42 pm
clutchcargo wrote: Sat Jul 25, 2020 1:19 pm With low or zero interest rates, fiat money printing and bond buying, US/China relations, BLM riots, Wuhan virus spread around the world, upcoming US election and general uncertainty, a lot of people are piling into gold.
And silver. But most are too late to the party I think.
I bought Silver at 14.25 the instant WHO made a statement I was in Hanoi. Having coffee and said this is going to be Big... I think much room still 39.000
by next year .... But i have been stacking for years
Bought it late February 2020 as a hedge against inflation. Markets proved me wrong for month, it has been at a loss for months. Only about two months ago a crazy rally started, now silver is up 50% compared to Feb 20200. Didn’t see it coming. So late, and so strong.

What was meant as a hedge is now on of the strongest performers for me. Only Microsoft performed better in my basket.
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