100% cash is pretty dramatic but I am scared too!! Gold and Iron are at all time highs but the sniff of military stand off with China would bode well for oil, so I still have oil stocks I forsee a correction coming considering the dow peaked at 29500 in Feb and just hit 27000(jul 22) in the midst of COVID crisis with numbers rising. This reporting season will be interesting as I foresee stocks with good Divi's will become the flavour due to the cash rate being so poor!
