Jul. 9 at 2:18 AM
$B $HL $TLT $SGOV $SHY
At this point, I don’t care what the FED does.
My call for Barrick has been
$75 and that call was made when it was trading at
$12
I’m going to scale back my SGOV position and increase my B position.
I think
$75 is cheap.
I see
$100+ coming.
Even if the FED raises rates, it’s not going to keep gold from going to
$10,000 in time.
Fiat paper worldwide is becoming trash.
They will print until the currency loses another 100% of its value.
Gold and silver is real.
Platinum will go to unbelievable levels.
Oil is cheap under
$100
Get ready to pay more for everything.
Nobody owns enough physical assets.
Be careful with the TLT for now. If anything, scale in.
Those 30 year yields could go a lot higher.
A lot to read here, but this is my thesis.
The FCF that miners and energy producers are going to experience in the coming years will be massive.
In due time, we will see 30% weight in the SPY with miners and energy. This is where the money will flow.
