The dollar is being short squeezed. Oil is traded in dollars. All the countries buying oil need dollars to pay for it. Everything gets caught up in a market crash because everybody is selling assets for liquidity. Metals aren't done falling yet. Stay out of paper. I think there's going to be a bigger pull back still. I haven't bought physical in years but if gold drops to $4k and silver $60 I'm in. Miners are also a play and probably will have a better RIO than physical. Still, I'd hold a bit longer until the market makes it's mind up. I'm 90% in treasury bonds right now. SICADFU. Sit in cash and don't F up.
The dollar is being short squeezed. Oil is traded in dollars. All the countries buying oil need dollars to pay for it. Everything gets caught up in a market crash because everybody is selling assets for liquidity. Metals aren't done falling yet. Stay out of paper. I think there's going to be a bigger pull back still. I haven't bought physical in years but if gold drops to $4k and silver $60 I'm in. Miners are also a play and probably will have a better RIO than physical. Still, I'd hold a bit longer until the market makes it's mind up. I'm 90% in treasury bonds right now. SICADFU. Sit in cash and don't F up.