About 2/3 of the way back in to energy stocks, having bought in a bit too early. My next buying may not be until the end of November. Too much warm weather.
Another item on the energy agenda is to take a new look at smaller companies working or listed outside North America, like IOC in New Guinea, maybe Carin (UK listed, drills in India).
Many of these dropped with the better known North American stocks.
I have moved to a much more short term bias in my trading.
I would still like to find some good stocks for next year.
DNA (up today) and VRTX (pulling back) are the ones I feel good about. DNA may make it over 100 in the next month or so.
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Walked past a coin shop on the way to buy some pastries....
end up buying some 1 ounce silver bars marked Engelhardt.
They were sold out of 10 oz. bars.
I did not want to buy a 100 oz., since if slver goes to $ 30,
that would be $ 3000, and I may not want to buy a car.
<I may be getting your coin habit>
To some degree, the bars are apolitical, unlike Pandas, Kruggerands, Eagles, and even Maple Leafs.
I am thinking about how to exit metals, and I want to have what will be easy to sell/trade.
I expect I may use precious metals as part of a trade for another physical asset, rather than selling the metal for cash.
Maybe buy a $20,000 used car from a private party or small dealer for $ 16,800 plus metal worth around $ 3000 or more.
Considerable advantages for all parties in some deals. |
