Whats the currency hedge on that trust. I have a japan fund that shorts yen, often wrong but ultimately will be right though sadly sterling is kinda broke too. Scale in or out sounds more on point or compare and contrast but to hold just cash I dont like overall unless theres the idea to reduce debt like mortgage which I generally agree with in terms of taking profits.
Spotted a chart for TSLA. Glad I closed that short at 300 then
Never thought of going long
in march like this guy has it all worked out, like this is the wonder stock but in terms of speculation and bubblenomics it fits just right. Totally take some profits, withdraw the original capital if somehow you have the mad genius to actually be holding this.
A totally simple reasonable chart, guess I lack the balls of titanium to buy or lithium whatever they are about. I have seen good vids explaining why their product floats thanks to government pay back from their production exceeding other car makers on zero emissions.
Maybe similar to Honda in the 70's as the only manufacturer to know how to pass California emissions, no other maker had a choice but to pay royalties on a design license. The other makers are paying Tesla now apparently. Also it'd be about the software not the batteries which are just 18650, same deal as your laptop bundles together and I presume is not the proprietary part. They are great tech but its not a USP, its the rest of the design and their headstart over other makers, economies of scale perhaps. [oil price falling, poor demand is not bullish for alternative energy tech I guess]
HSBA as such a large part of FTSE is not doing great but in June alone it has been up. China moving to decisively end the freedom of people like the rest of their subjects is not a happy thought but might easily be why those prices might be up. Kinda like a company that announces job cuts can rise quite a lot because its lower costs and is seen as decisive action.
I always thought STAN should be a better prospect but its not been great for years since they had to pay a fine for breaking sanctions was it, yep 1.1bn lost with Iran
Gold didnt pull back much, I didnt capture any low very well because it wasn't a proper sell. I do think anything that booms will end up possibly halving at some points, gold will sell because its used as cash but also will remain in demand. The basic reasoning being inflation does not represent growth, it will show instability and some loss just like deflation but in a way government likes as it reduces debt worth.
We'll see wild swings but I dont see cash as performing better year to year then stock of a company with global product sales. Theres zero chance deflation is allowed to occur, it would cause sovereign default as the debt load is too great for example the USA debt would take the whole fiscal budget just in interest payments so policy is not by choice and it doesn't matter who wins in November. The senate outcome is probably more important.
. It wasn't going anywhere back then so reduced my holding when the main guy stepped down (forgot his name now!).
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