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RE: 2018 Year End Review

in #cryptocurrencies6 years ago

Excellent 2018 summary Rolland. I think gold will do very well in 2019 and there are a host of my highly paid newsletter editors who have laid out the case for it. I can't wait. I think 2019 will be a great year for my portfolio with all the gold/silver exploration and mining companies I've positioned myself in. Many of them have 10% ownership by the top resource investors.

Do you think oil will break through the 42 level and head lower in 2019? I have 4 small companies I own and one I would like to own, but not if oil returns to the low of 2014 of 26.

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Thanks @morseke1 Yes, like you, I'm already in gold too and expect more upside in 2019 and beyond. I think gold has some upside for several reasons: 1) we are a couple of months away before oil demand starts to increase for summer time driving. 2) some of the shale players should go belly up because they won't be able to pay for their debt 3) OPEC will cut production again 4) the dollar will decline and oil has a inverse relationship with the dollar.

I think we can see oil again in the mid $50s by mid 2019.

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