Post by
mouserman on Mar 21, 2023 5:13pm
DGS unit nav to March 21 = approx: $15.37
So DGS now with a gain of 7 cents since the last update. Only needs about 73 cents to make the cut.
Unfortunately i do NOT believe we have seen the end of the volatility.
Top ratings agencies all downgraded US banking system, and i did not see anything about them changing their ratings. There is deep systemic problems. DGS may be more diversified into other areas, including energy, and so will NOT BE as affected by the bankruns and bankruptcies that may happen. Printing more $$ , floating it worldwide and bigger banks lending to smaller underwater firms, with short term, high interest rate loans, not really an answer. Just a temporary bandaid. ALL jmho tho.
Comment by
mouserman on Mar 22, 2023 1:35pm
Yes thanx for noticing my fatfinger mistake. UNIT NAV at the close yesterday was a gain of 7 cents since the update last thursday. SO $14.30 was the last updated nav, so indeed it should have read $14.37