RE: gas/oil and miners27 Sep 2021 13:45
i got out of fxpo sometime ago and timing wise slightly too early. however that doesn't bother me as its about wealth preservation next 12 months or so, I'm not here to make loads.
I'm big on devaluation of currencies, debt levels, economic roll over and inflation coming through that actually the central banks can do little about but the bond markets will.
i;ve taken a very small position here plus GCL which i hope to make even no more than 10% on and will cash out next couple of months max as the prices drive upwards. i'll then wait for a correction, i dont think weve seen even half of whats coming, right back down, very low asset levels with which to then buy back in and see a huge, inflation led upside for the next few years. when this breaks my cash is ready;
JKX, FXPO, RIO, BP, BRWM are my pick, overall high value, big stocks that will work against inflation for me and handout huge divi payments. alongside GCL for the uranium play and one fund that buys PMs. ive a few others, most are high value plays also like unilever which is now below £40 which doesnt happen often.
the market is overcooked in all the wrong sectors for the future, move over tech, commodities and value coming through.
fxpo down to £2.