RE:Risky is no longer risky Haha I like the word play.
I actually think GICs are more risky than anything right now. I think inflation is going to be more sticky than we think.
The macro for oil remains very strong - actually even better than when oil was trading at 85. There are forces at work that go beyond the market and there is not much we can do about that other than wait them out. The worst thing for an undersupplied market is a low oil price as it risks a significant price spike. That is where we are and spike is what comes next sometime in the next 12 months.
This investment is more safe now than it has been in many times in the past. I continue to add.
Patience my friends!
Nothingmatters wrote: He has taken a flight to safety...