I'm in GIS just a little less than SD, and will grab another piece around 35 if it gets there...IMO it's not a couple weeks or months holding...couple years maybeGIS: I started buying at $49. Bought my way down to a $42 average. I’ve got one more bullet if it goes below $35, and that’s all the deeper I want to go. They go Ex-Div early April, sweet spot to buy if someone doesn’t have any yet. 6.7% yield at these prices. I’m not aware of any dividend cut risk. GIS is an aristocrat.
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Stock Market is the bottom in?
- Thread starter Peplin Creek
- Start date
Foggy47
5 year old buck +
That dividend makes the wait quite appealing.
bigboreblr
5 year old buck +
I am not selling any CEF likely buying more. However, you think gold is overvalued? Was 1600 bucks 5 years ago. Some say it should be priced at 3700 as far a time goes. Been reading turkey and poland have been selling alot of their gold to fund defense/currency. 20-50% overvalued might not be too nutty considering some P/E's you see out there while the price goes up the past year or two with stocks.
Little rough having alot of confidence in what you buy these days..... Even real estate is edgy now.
I poked into my wife's 401K. She signed up for 2025 retirement fund. So, I thinking her money is mostly monery markets right now. She was not happy with the increase. Going to switch gears with her investments within her 401k soon. Might wait for more of a dip, since everything is overall performance like ETF's. Think stable money / money market 401ksare at risk. Talk of the bonds / interest rates lately.
Little rough having alot of confidence in what you buy these days..... Even real estate is edgy now.
I poked into my wife's 401K. She signed up for 2025 retirement fund. So, I thinking her money is mostly monery markets right now. She was not happy with the increase. Going to switch gears with her investments within her 401k soon. Might wait for more of a dip, since everything is overall performance like ETF's. Think stable money / money market 401ksare at risk. Talk of the bonds / interest rates lately.
SD51555
5 year old buck +
Gold's run up was largely catching up, and not creeping into over-valuation. Now, realize that gold is a heavily manipulated market. There are oodles of shadow whales doing all kinds of shady things in that market with unlimited amounts of money (like private central banks). The past year has shown that with multi-trillion dollar market moves in a second. I think gold will always go with the pace of the stock market because they're both driven by the same thing, inflation.
Gold has however decoupled from the money supply. Gold should be about $9000/oz if it was tied to the collapse of the dollar. Below is a chart of gold vs the S&P 500 since the US killed the gold standard. It may seem like it doesn't do much, but in 2005 when katrina hit, it was $500/oz. I don't think it's the only thing a person should own, because it will ebb and flow against other asset classes. I'm more apt to hold it now while the world figures out what's going to happen next.
The world is going through a painful realignment right now. There are massive conflicts shutting down the means of sustaining life all over the globe, and that's gonna produce some wild market movements. Europe and asia are at risk of running out of oil, gas, and food, Africa food, oil, and gas, America fertilizer and food. It's good to keep a foot on the dock with some precious metals.
I was stunned to find out we're a net importer of food. How tarded is that? Our biggest source of imported food is Canada, Mexico, and the EU. And we're not doing any of those places any favors right now between tough talk on tariffs and blowing up every source of energy going into Europe.
Gold has however decoupled from the money supply. Gold should be about $9000/oz if it was tied to the collapse of the dollar. Below is a chart of gold vs the S&P 500 since the US killed the gold standard. It may seem like it doesn't do much, but in 2005 when katrina hit, it was $500/oz. I don't think it's the only thing a person should own, because it will ebb and flow against other asset classes. I'm more apt to hold it now while the world figures out what's going to happen next.
The world is going through a painful realignment right now. There are massive conflicts shutting down the means of sustaining life all over the globe, and that's gonna produce some wild market movements. Europe and asia are at risk of running out of oil, gas, and food, Africa food, oil, and gas, America fertilizer and food. It's good to keep a foot on the dock with some precious metals.
I was stunned to find out we're a net importer of food. How tarded is that? Our biggest source of imported food is Canada, Mexico, and the EU. And we're not doing any of those places any favors right now between tough talk on tariffs and blowing up every source of energy going into Europe.
hunts_with_stick
5 year old buck +
Depends on why you are buying it, no?
Telemark
5 year old buck +
Almost entirely caused by China and Covid, which is also China. China welched on the Phase One trade agreement to the tune of 100 billion dollars.
This is why I'm getting annoyed with Trump. He should put the screws to China and make a more mutually beneficial agreement with Mexico and Canada. He has the opportunity now to cut oil to China and force them to make good on the Phase One agreement the signed. If China bought the ag products they promised to, we would immediately flip back to being a net exporter.
bigboreblr
5 year old buck +
Thinking I'll buy gold when it's underv5 for now.
Kinda feel like I wanna buy into oils recovery. SLM baker Hughes and archrock looks pretty good. Seems production is there, it's pipeline n processing going to need repairs or upgrading in the middle east.
With AI demand natural gas demand and equipment is going to go up too.
Bought some mosaic a few weeks ago for fertilizer. Maybe CF was a better one. Nitrogen is probably a big player. Thinking we're going to be hunting around soybeans this fall due to fertilizer prices. Farmers who stocked last years fertilizer will be doing well if weather cooperates.
Kinda feel like I wanna buy into oils recovery. SLM baker Hughes and archrock looks pretty good. Seems production is there, it's pipeline n processing going to need repairs or upgrading in the middle east.
With AI demand natural gas demand and equipment is going to go up too.
Bought some mosaic a few weeks ago for fertilizer. Maybe CF was a better one. Nitrogen is probably a big player. Thinking we're going to be hunting around soybeans this fall due to fertilizer prices. Farmers who stocked last years fertilizer will be doing well if weather cooperates.
bwoods11
5 year old buck +
I’m in
I don’t understand Mosaic stock ? It just treads water at best … meanwhile UAN & CF have taken off !
Low PE, & solid dividend? Why it’s not higher ?
I don’t understand Mosaic stock ? It just treads water at best … meanwhile UAN & CF have taken off !
Low PE, & solid dividend? Why it’s not higher ?
bigboreblr
5 year old buck +
They just a fertilizer middleman maybe. CF i think can rail for either ocean.
Don't have a ton of dough with mosaic. Not selling anything else at a loss for something else.
Telemark
5 year old buck +
Probably because of the dividend. If the company is giving away money to shareholders, it's because they don't need the cash for growth. Limited growth for the company means limited growth for the share price. The dividend is what you get instead. They're good stocks to have for retirees. You get the cash income and less volatility in your portfolio.
Brian662
5 year old buck +
Well it took a while to get approval, but here we are. I was down 15% and dollar cost averaged my way to an even position now. Hopefully it keeps going up. Up 5% now today.
