My thoughts mirror yours, have 50 % cash waiting for next crash or significant pull back, still have about 30 % in gold or copper/gold stocks which I top up on dips, a little bit in Lithium but this is more for the 2 or 3 year future demand increase I see happening and not the current situation and the rest in a mix of steady blue chips and more speckie favorites , but have sold these stocks down considerably since late May.
Plan is to buy more gold on any pull back and get a few of my favorites as well at heavily reduced prices. Will keep this strategy till at least the next 6 months and if nothing happens by then I will re-assess.
Might miss out on some upside in the meantime, but hopefully my aussie denominated cash wont devalue as much as the US dollar.
Christopher
WAF Price at posting:
$1.10 Sentiment: Buy Disclosure: Held
(20min delay)