Any sector undervalued?

[SomeDude]

I'm having a liquidity event in July and will have about $120k to invest.

Last Nov it was obvious that oil stocks were way undervalued. I dropped about $70k onto XLE at $29 and I'm up 90% when you count dividends. First time in my life i got the timing right.

Anything look undervalued to anyone right now?

[whatchamacallit]

George gammon answered this tonight at minute 9

https://youtu.be/tm6u7wc03qI


So if nothing is undervalued against the dollar, does that mean the dollar itself is undervalued?

[SomeDude]

George gammon answered this tonight at minute 9

https://youtu.be/tm6u7wc03qI


So if nothing is undervalued against the dollar, does that mean the dollar itself is undervalued?

That would be my conclusion.

Having said that, i think gold is solidly undervalued still so I'll probably add some ounces it still is. Maybe 30 or 40.

[Mark Leavy]

A liquidity event is always exciting. Congratulations!

At whatever size, I would just hold it in fiat or metal for at least 6 months. Emotions are crazy things and it is pretty exciting to see the fruits of your labor. Spend a bit on taking the wife out to dinner and then make the big decisions six months down the road.

Again, a sincere congratulations.

[SomeDude]

A liquidity event is always exciting. Congratulations!

At whatever size, I would just hold it in fiat or metal for at least 6 months. Emotions are crazy things and it is pretty exciting to see the fruits of your labor. Spend a bit on taking the wife out to dinner and then make the big decisions six months down the road.

Again, a sincere congratulations.

Mark I'm faking my death. I can't take her out for dinner, i need to lay low.

[murphy_p_t]

Silver bullion, silver miners

[SomeDude]

Silver bullion, silver miners

Thanks Murphy. I've got about 2,000 oz, all kinds of variety. Can't seem to find anything under $31 now but that is probably still a bargain.

Do you buy individual miners or sil?

[murphy_p_t]

No sil

Paas is a significant holding
Wpm ... Conservative holding
HL


I've actually replaced a very significant part of my PP gold with various gold and silver miners in the last few months.

[murphy_p_t]

Graddhy on Twitter puts up some interesting charts

[I Shrugged]

Supposedly gold and silver miners, as murphy said. I'm only hearing it second hand but the case was convincing. Low P/E's, paying dividends, and they are known to be volatile stocks.

[murphy_p_t]

They're all a little less undervalued than when I wrote that this morning

[SomeDude]

They're all a little less undervalued than when I wrote that this morning

Ummm they're going into beast mode.

I'll check back in two months when i have the cash

[whatchamacallit]

Just listening to this kitco interview now. At the start it sounds like cash is what is undervalued.

https://www.youtube.com/watch?v=SHmqGPxtKlM