An argument to build up cash in both risk on and risk off portfolios

February 25, 2020

As much as Chris’s odd couple trade has worked with bonds and gold moving higher he is now recommending building up a cash position to take advantage of some future better opportunities.

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    Feb 25, 2020 25:19 PM

    At least we can sleep well knowing we have a leadership totally in charge. The golden one said this yesterday: “The coronavirus is very much under control in the USA. We are in contact with everyone and all relevant countries. CDC and World Health have been working hard and very smart. Stock Market starting to look very good to me!

    Donald Trump, Monday, 24 February 2020

      Feb 25, 2020 25:40 PM

      He should say that………Otherwise……stock market crash…..and it bye, bye Donald…
      But, we will see……..I think Gates is behind it anyway…..I listed all the info. over the weekend show…..

        Feb 26, 2020 26:49 AM

        Looks like Trump is going to speak on the subject at 6 oclock News Wednesday…..
        Pump up the markets…, buy, buy…..or Trump is bye, bye…….lol

    Feb 25, 2020 25:42 PM

    If recession or Depression should threaten serious consequences for business there is little doubt that the Reserve System will try again to check the movement and of course lower rates and PRINT, PRINT, and PRINT. Repeat after me, ” I know of nothing fundamentally wrong with the stock market, the underlying business or the credit market.” (Charles E. Mitchell-October 22nd,1929, chairman of the great National City Bank of New York) DT

    Feb 25, 2020 25:42 PM

    I trimmed back some winners today to build up some more cash.

    Glad I did, as when I came back later in the day there was a bloodbath in many of the stocks. In retrospect, wishing I had sold down more of certain positions.

      Feb 25, 2020 25:52 PM

      The wiseacres of Wall Street, have found their cause for blame, the overwhelming consensus is the coronavirus. In the past Doc always said “he could see a crash in the graphs and charts he reads,” I wonder what the wizards see at this moment in time. DT

      Feb 25, 2020 25:56 PM

      I love the smell of blood in the markets! LOL! DT

        Feb 25, 2020 25:05 PM

        Look out for selling volume in the markets tomorrow, there might be a sudden stampede to get out from under. At some point the margin calls will start and those left in could see the face of forced selling. DT

        Feb 25, 2020 25:41 PM

        Is your Uncle a Rothchild …… lol

          Feb 25, 2020 25:20 PM

          Cash is king, I have very little in the markets. I only trade in and out!

      Feb 25, 2020 25:08 PM

      Ditto, but I bet tomorrow a “bargain hunters day.” It might be the rape, pillage & plunge team, akin to Epstein & Harvey Weinstein

        Feb 26, 2020 26:46 AM

        Possibly. I’ll be looking tomorrow for any bargains, but also looking to see if there is any continuation of selling, or if some stocks rebound a bit. If it is a continuation in selling, I’ll likely sit on the cash a bit longer. We are getting close to the PDAC after all… and the “curse” seasonal weakness preceded the largest mining event the last 2 years.

    Feb 25, 2020 25:45 PM

    Eric Sprott’s $1.3B Portfolio of 60+ Mining Stocks

    by @AndrewNelson on 25 Feb 2020

    “Legendary resource investor Eric Sprott is well positioned for this gold bull market as we head towards US$1700/oz. I have compiled his public positions in over 60 mining stocks worth over $1.3B for subscribers. His top 5 investments are all gold focused. 3 out of the 5 are already in production, and the other 2 are advanced developers.”

    Feb 25, 2020 25:16 PM

    Lithium Price: EVs Will Be $350 Billion Market In Just 15 Years

    Frik Els | February 25, 2020

    “Electric mobility applications, driven primarily by an expected boom in passenger EVs, will make up the lion’s share of this growth and constitute nearly three-quarters of the overall market by 2035, thanks to annual expansion just shy of 19%.”

    “In terms of deployed battery power per year, the vehicle segment will play an even more dominant role, making up 91% of the market by 2035.”

    Feb 26, 2020 26:44 AM

    /GC april future TAS box bottom support at 1580.6…Two days closing below will signal a top and intermediate top….IMHO