Cool. Thank you. I will have to take a closer look. The commodity ETF's I have cataloged are more a basket of commodities.
Cool. Thank you. I will have to take a closer look. The commodity ETF's I have cataloged are more a basket of commodities.
Now there's no more oak oppression
They passed a noble law
Now the trees are all kept equal
By hatchet, axe and saw.
I will not comply.
The Tea Party... quietly plotting to take over the world,
and leave you the hell alone!
I am keeping index funds with market stops underneath. The problem is when it breaks it usually breaks big and unexpectedly. The question is when does the camels back snap? I pay for a show that gives market advice. I have my doubts, but I am not all in. He has said that the markets will continue to rise but there will be signs it is about to snap and will warn to pull our money out ahead of time.
I guess I will see.
He says that every time there has been a major the VIX index has been at 40... https://www.cnbc.com/quotes/VIX?qsearchterm=vix .... It is not close at this point.
Last edited by t00nces2; 08-08-2023 at 05:24 AM.
Now there's no more oak oppression
They passed a noble law
Now the trees are all kept equal
By hatchet, axe and saw.
I will not comply.
The Tea Party... quietly plotting to take over the world,
and leave you the hell alone!
If the green energy and electric vehicle movement succeeds, there will be a tremendous demand for all types of metals- copper, lithium, cobalt, nickel, graphite, etc. and supply likely won't be enough. It takes a long time to explore and develop a mine so a major demand/supply imbalance should lead to major shortages and much higher metals prices.
They also haven't been putting the time and effort and money into exploring and drilling for oil, and thus major shortages will be upon us in a few years and even more so if the green energy/EV movement fails, which seems possible or even likely.