OASIS FORUM Post by the Golden Rule. GoldTent Oasis is not responsible for content or accuracy of posts. DYODD.

@ goldielocks 10:52 re your no near term clear path except defensive.

Posted by Mr.Copper @ 12:01 on August 4, 2022  

Agreed on that whole post. Everything has been acting crazy and schizophrenic. Many totally irrational economic and mechanical things going on.  We are on a moving boat and trying to hit a moving target. I’ve been mostly on the side a long time, waiting for a clear trend. Seems like we can’t trust any sector.

Naturally Gold bullion is the end game, but in the meantime, Energy looks good, sub industry Oil and Gas Storage and Transport sector. But even they can tank. But with a huge growing middle class in China India and other export (to USA) economy countries, there should be and has been more need for energy.

Food Fuel and Metals are the most things needed and consumed by the growing middle class population around the world. BUT, this economic transition going on suggests a lot of things going into reverse. So countries that were doing great, may start doing bad. And countries that were doing bad, like the USA should start doing better.

For example, Mexico must be doing better as lots of their population are leaving for the USA, culling or trimming the herd usually helps the ones left behind. And the way the immigrants are flooding in, its like 1905 Ellis Island all over again. As if an economic boom is coming and we will need workers.

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.