RE: Genuine question14 Jun 2021 19:36
I agree Sageman.
I'm already starting to manoeuvre my assets (in stages, as I think we're getting closer).
I think it will all be driven by inflation:- How high and how quick.
It will affect interest rates and that will filter down to everything else.
I'm also worried about the level of any correction resulting from it.
I think a correction could be just the start of it and we might experience another depression.
Not prepared to put how bad I think it could be into words yet, as I can't really believe I'm thinking seriously in those terms.
Just wondering how much exposure UKOG may have to any rising interest rates over the next year.
A lot of businesses (not trying to suggest this only applies to UKOG), large, medium and small, have had a hard enough time already through this last year and won't survive when the bill comes due with higher rates than they expected.