Dahook ..the logic is simple...When the US market goes into a severe fall..due to impending recession and a vastly overpriced market ..all stocks will fall ....Trump tariffs have brought the US recession forward.
I mentioned sometime ago I am long gold and short the U.S. market through snas .I still have my holding in Pen and will add as I said on a major US market correction....that correction as I said will pull back all markets and Pen will pull back and give I believe an excellent opportunity at well well under book value to add to my position.
I am patient.
All the Best to All
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62.0¢ |
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Mkt cap ! $99.19M | |||
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