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Bullboard - Stock Discussion Forum Gear Energy Ltd T.GXE

Alternate Symbol(s):  GENGF

Gear Energy Ltd. is an oil-focused exploration and production company. The Company carries on the business of acquiring, developing and holding interests in petroleum and natural gas properties and assets. Its operations are located in three core areas: Lloydminster Heavy Oil, Central Alberta Light/Medium Oil and Southeast Saskatchewan. The Company is also engaged in focused on improving oil... see more

TSX:GXE - Post Discussion

Gear Energy Ltd > Follow the Asset Managers
View:
Post by geezer21 on Jan 07, 2023 10:56pm

Follow the Asset Managers

Michael Oliver:

- Asset managers are shifting to commodities (oil included irrespective of current SPR oil release price suppression that will end) and not returning to losing risk assets. Once recent commodity correction is over expect commodity bull run to continue into another up leg.

- Breaking paper asset bubbles impacting street will force central banks to pivot and print. Bond markets are becoming dangeriously illiquid. Federal Reserve's will step in to support government debt when no one else will.

(Interventions have recently occured in Britain and Japan. Central Banks are forced to step in to prevent their debtor sovereigns going bust on them.  Sovereigns spend to quell rising population unrest under deterioraing, inflationary economic conditions.)

-  Commodity bull market started in October 2020 prior to Putin invading Ukraine. Commodities corrected to down side from February invasion of Ukraine are recently coming out of correction. Commodities will resume to the upside.

(Bloombery Commodity Index does not show the commodity correction ending yet however the Top Basic Materials list on the TMX that can be considered a leading indicator is showing the commodities correction is ending and gold is leading the way having corrected since November to a current high of $1,865.80.)

-  Gold coming out of recent correction to continue a bull trend that has been underway that began from 2015 low.

-  Monetary metals will be the main benefactors of asset managers' shift to commodities and central bank pivot to propping up their debtor nations. 

https://www.youtube.com/watch?v=T4RILaz_SvQ

https://stockcharts.com/freecharts/gallery.html?DJP

https://money.tmx.com/en/stock-list/TOP_BASIC_MATERIALS

https://tradingeconomics.com/commodity/gold
Comment by lashing on Jan 08, 2023 5:01pm
Yeah follow the same people who wouldnt touch oil when GXE traded for 30 cents? Real smart people. THey were saying buy facebook at that time. Yeah, follow them. wow
Comment by geezer21 on Jan 08, 2023 6:56pm
"Yeah follow the same people who wouldnt touch oil when GXE traded for 30 cents? Real smart people. THey were saying buy facebook at that time. Yeah, follow them. wow" Michael Oliver is talking about a larger portion of asset managers shifting their portfolios more to commodities, i.e.: becoming more commodity weighted.  They are dropping or reducing their teck stocks like Facebook ...more  
Comment by lashing on Jan 09, 2023 3:03am
Yeah, they are selling facebook at a loss now to buy oil thats up in many cases 10x. Real smart after teh fact and you are supporting it .... you keep showing your hand with each post. You really dont know anything about investing. 
Comment by geezer21 on Jan 09, 2023 8:12am
"Michael Oliver is talking about a larger portion of asset managers shifting their portfolios more to commodities, i.e.: becoming more commodity weighted.  They are dropping or reducing their teck stocks like Facebook.  The NASD has been one of the worst performing markets.  Oliver is not talking about any one asset manager specifically but is taking about a trend shift."  ...more  
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