Contrarian funds, like every dog, will have its day. I personally do not invest in any contrarian funds because, for example, deeply out of favor contrarian stocks are still stocks. It is the asset class which matters, not the individual choices within the asset class. They say a rising tide lifts all boats, so the trick is to find which asset class will be getting the next tide, that way the individual choices within that class have no bearing. Whether you buy a silver bar or a silver eagle will not matter if the public piles in to the silver market - they will both skyrocket.
So, how much of your own wealth have you plowed into metals/commodities? I ask only because I want to understand how much you, yourself, believe this is the next rotation?
Fair question … 30% RE & Business, 27% physical silver, 14% physical gold, 11% value stocks (xom, t, vz, mo, pm, slb, pnw, etc), 6% money market, 4% mining stock, 3% cash, 2% art & collectibles 2% misc, 1% guns & ammo ….. no crypto, no bonds, no growth stocks… probably not the best diversification, but my money is where my mouth is.
Interesting breakdown...if i didn't know any better I would say we have the same investment advisor(ourselves) or we are brothers...lol My % are a little different but the breakdown is very similar. I don't hold any crypto or bonds. I do hold a few stocks which have been great, tenX or close.
This new rotation appears to be ready to happen...could it be a week from now, or just after the mid term elections, when the crazies try to steal another election and throw a financial false flag...talk about total disruption.
Interesting turn of events over the last couple of weeks. I never thought I would see the day when our own gov is attempting to cancel Russia. If that isn't the height of absurdity in virtue signaling, I really don't know what is. These attempts to sanction them are inevitably creating a vulnerability which could come back and smack us in the ass. Cutting them off from SWIFT is only going to drive Russia and all the trade they do onto CIPS, the Chinese version of SWIFT. And to make matters worse...look at all of the private companies joining the fracas and virtue signaling their support for cancelling Russia too. When did business people lose their common sense in support of alienating their customers?
I truly believe we are nearing a devastating financial event for the dollar...and when it hits, that second after, chaos will ensue, as the markets have given us an inkling of what is to come.
If you still sleep at night with no worries, do nothing. But, if sleeping at night into your retirement is a goal, you might consider the wise words from Bagholder. I know I have.
Would love to hear your thoughts on “Contrarian “ Funds.
Contrarian funds, like every dog, will have its day. I personally do not invest in any contrarian funds because, for example, deeply out of favor contrarian stocks are still stocks. It is the asset class which matters, not the individual choices within the asset class. They say a rising tide lifts all boats, so the trick is to find which asset class will be getting the next tide, that way the individual choices within that class have no bearing. Whether you buy a silver bar or a silver eagle will not matter if the public piles in to the silver market - they will both skyrocket.
So, how much of your own wealth have you plowed into metals/commodities? I ask only because I want to understand how much you, yourself, believe this is the next rotation?
Fair question … 30% RE & Business, 27% physical silver, 14% physical gold, 11% value stocks (xom, t, vz, mo, pm, slb, pnw, etc), 6% money market, 4% mining stock, 3% cash, 2% art & collectibles 2% misc, 1% guns & ammo ….. no crypto, no bonds, no growth stocks… probably not the best diversification, but my money is where my mouth is.
Interesting breakdown...if i didn't know any better I would say we have the same investment advisor(ourselves) or we are brothers...lol My % are a little different but the breakdown is very similar. I don't hold any crypto or bonds. I do hold a few stocks which have been great, tenX or close.
This new rotation appears to be ready to happen...could it be a week from now, or just after the mid term elections, when the crazies try to steal another election and throw a financial false flag...talk about total disruption.
Interesting turn of events over the last couple of weeks. I never thought I would see the day when our own gov is attempting to cancel Russia. If that isn't the height of absurdity in virtue signaling, I really don't know what is. These attempts to sanction them are inevitably creating a vulnerability which could come back and smack us in the ass. Cutting them off from SWIFT is only going to drive Russia and all the trade they do onto CIPS, the Chinese version of SWIFT. And to make matters worse...look at all of the private companies joining the fracas and virtue signaling their support for cancelling Russia too. When did business people lose their common sense in support of alienating their customers?
I truly believe we are nearing a devastating financial event for the dollar...and when it hits, that second after, chaos will ensue, as the markets have given us an inkling of what is to come.
If you still sleep at night with no worries, do nothing. But, if sleeping at night into your retirement is a goal, you might consider the wise words from Bagholder. I know I have.
This article continues to age well.
Funny you should mention Russia, one of my upcoming blogs will be on that insanity
Here we are, two and a half years later...give or take. Silver is doing well, but could be doing a lot better if Mr. Slammy would get knee capped.
If you haven't been adding to your pallets in the interim...you haven't been paying attention.
Take notice...
Yes, it’s one of the biggest asymmetric trades on the planet right now….public selling like crazy too, couldn’t ask for a better set up