The S&P 500 has corrected down as expected, looking like it has a little more downside risk. Gold and silver look like they have some short term downside with a rising dollar and high interest rates. The precious metals equities should follow suit. The Fed is speaking like they have finished raising rates, bond traders believe them: 93% chance for a pause on their Sept 20 meeting. Platinum is coming up on a buy point, and copper is as well.
Lithium has an interesting setup in the Sprott Lithium Miners ETF - LITP. Uranium is still rocketing higher, and the equities are shining. Would love to see a pullback so we can buy more. Oil is still moving higher despite a rising dollar. Thank you for watching! Support the show and hit the like button. Join In it to Win it by Subscribing on YouTube and hitting the bell notification icon to be notified of future episodes. Welcome to the hive!
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WHAT I DO: Spread out your investments. Don't put it all on one thing. For every bet that you make, you should devote one hour of study per month to that investment. Keep the number of bets to what you can feasibly study.
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