Macro vs Micro26 Jul 2021 12:30
All - I've been holding for almost a year - average at 0.0041p - motive has always been for long term as I see the value in the proposition. Been a rocky rad. Reason for posting is looking for views from people on how they see the macro economic position impacting on SYME. How I see it is.....a) printing of money gone crazy and impact will very soon be felt b) sovereign debts off the scale c) systemic inflation is upon us despite central banks claiming it is transitory d) central banks have limited ability to tackle inflation with tax and/or interest increases due to these high debt levels - both sovereign and private. Particular with homeowners where any material interest rate increases would result in many handing the house keys back to the banks.
As per 1970's this would normally lead to a tough time for equities with the normal inflation hedge of gold being the go to place to store our cash. However, I see SYME's model as being able to benefit from the really tough economic times ahead....with many companies looking at alterative ways of enhancing cash flows. As such I'm betting SYME will buck the trend that will be experienced by most other equities.
Interested in hearing what people think as I may be simply be guilty of subconsciously trying to justify my original reasons for investment during these changing economic times. Cheers all.