koolgal
03-24 06:28
🌟🌟There is a touch of irony in World Bear Day like the world is ending because our portfolio is in the red, yet this is the best time to go bargain hunting.

Investing is not about having a crystal ball.  It is about having a sturdy ark.  It is the realisation that patience is ultimate alpha.

I am still holding onto $iShares MSCI Global Silver and Metals Miners ETF(SLVP)$ because it offers me a high leverage exposure to a 5 year supply deficit in Silver, which is increasingly driven by insatiable demand in its industrial usage such as green energy, EVs and even chips.

I am also still holding onto my conviction plays such as $SPDR Portfolio S&P 500 ETF(SPYM)$ $STI ETF(ES3.SI)$ because the only thing worse than a Bear Market is missing the Bull Market that inevitably follows it.

As Warren Buffett likes to say:

"Predicting rain doesn't count.  Building arks does."

This means building a resilient portfolio that can survive the test of time.

@TigerEvents @Tiger_comments

Gold Rebounds — Take Profits or Keep Holding?
Gold prices rebounded strongly, snapping a nine-day losing streak, as reports emerged that the U.S. is seeking a ceasefire to advance diplomatic negotiations. Gold rose as much as 2.2%, climbing back above $4,570 per ounce, extending the previous session’s 1.6% gain. Trump stated that Iran has presented a “gesture of goodwill” for negotiations, related to energy transportation through the Strait of Hormuz. According to Axios, Washington and regional mediators are discussing the possibility of high-level peace talks as early as Thursday, though they are still awaiting Tehran’s response.
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