Post by
mouserman on Mar 07, 2024 2:58pm
Split funds are not priced like we are in a bull market
So , what makes me a little fearful, is that several of the these splits are now trading at discounts, despite being well into the territory for paying to commons. Means folks are looking for safety, or perceived safety like commodities , gold and bitcoin. Gold at an alltime high today. Being maybe pushed there by the prospects of nuclear war.
Amazes me that DFN with about 25 cents of coverage above 15$ level is one that has a premium.
FTN, FFN, LFE, LCS, all at a discount. And some are at a CONSIDERABLE discount.
Comment by
NoShoesNoShirt on Mar 07, 2024 3:48pm
It's the psychology of winning and losing. Most investors don't know about the workings of the splits and they just go by payment history.
Comment by
Donwaan on Mar 07, 2024 10:57pm
Me thinks, NobleHouse, that you may be missing Mousermans point. It is the perception of safety, not literal safety, that he is referring to.
Comment by
rixpix on Mar 08, 2024 7:32am
And me thinks, Country Boy 69 is back! Lol! No doubt about it. GLTA!
Comment by
FatTraderDude01 on Mar 08, 2024 12:25pm
flight to safety doesn't mean Nuked 10x over... Putin and the possibility 'Rump being elected, has everyone fearing the worst. Europe can take out Putin on their own but US helps relieve pressure. Unlikely we will have a nuclear winter, IMO
Comment by
AndrewWiggin on Mar 09, 2024 2:20pm
If there is a collapse, scrap silver coins can buy you a ham sandwich and you'll need a gun to protect your silver.