Post by
Northforce13 on Sep 04, 2022 12:52pm
out again
sold off my little position aug 15th on the price spike
I'm too jittery about the global economy, rising interest rates, inflation, Russia war, China slowdown, U.S. instability... there are SO MANY negative macro events.
Normally the banks can just paper over whatever problems come up, but with inflation running red hot, this option becomes very difficult for them.
They way the have been cranking up inflation rates is bound to instigate some type of economic collapse.
Going to sit and watch. Hope to re enter at some point, probably EQB, HCG's "sister", just don't like the gut feeling I get right now on the risk/reward.
GLTA