Taseko Mines Ltd T.TKO

Sold...banked the trade win..recession incoming!

[metalhead666]

You don't have oil ripping higher, rates ripping higher, the FED lost in the ozone and Trump on deck without some seriously bad things happening. The casino is going to fall down an elevator shaft and take everything with it.  TGB remains on my radar but a 10% trade win is fine for now. Impossible to avoid a recession or financial accident with rates going nuts, debt bigger than the universe has stars...nope...all going to end badly shortly.

[Gmcdonagh89]

In a down market easy to get caught in the draft, question is what/when is the updraft

[rdy2rumble]

Updraft to begin after the next presidential election 

[Gmcdonagh89]

Hmmm that means you think 4 years of dead money

[rdy2rumble]

Yes dying money for sure.. I think the US economy only goes in one direction over the next few years.. Will there be opportunities?? For sure there will be but the general sentiment IMHO will be we've peaked under the current government and she's downhill from here for a while.. Good luck though,, again just MHO..

[metalhead666]

Always an opportunity but for me the main goal is to preserve capital. I like some bonds here as a sinking economy will take the steam out of this recent rate ramp.  Don't think the FED is capable of affecting anything without huge consequences.....QE again?  I doubt that's possible.  Fiscal restraint? Not likely but if they did that would only ensure the economy crumbles...

[Gmcdonagh89]

Almost 2 trillion just last 14 months and that's with a good economy, their debt out of control and Trump is no fiscal conservative. The money will be spent just on other areas..tax relief not green relief.i agree with cash on the side..I am at 50%, rest LNG and selective mining(Au and Cu) I can get comfortable with tech

[Gmcdonagh89]

Sorry not comfortable with tech.

[Gmcdonagh89]

Not a tough call considering how much and long the US market has risen, most of the growrh has been record government spending and debt..GDP vs US sovereign debt but government and big co.can change the rules at a heart beat ..they don't care ie 2007/2008