As we progress into Q1 of Fiscal Year 2022-2023, this playbook outlines our thoughts on every asset class and our plan to profit.
This playbook will cover our macro view, touching on Equities, Commodities, Currencies, and Rates, as well as outline our views on the major nifty indices and the sector/thematic indices.
We also cover individual stocks we want to be buying to take advantage of the themes discussed in the playbook.
When it comes to the bond market, Larry is the guy I want to talk to. And with Bonds getting off to their worst start to a year, maybe ever, what better time than the present to dive into the fixed income markets?
While I had him, we also discussed the equities markets, commodities, metals and Crypto.
Commodities have been at the center of our analysis for over a year now. There have been times when base metals have done well. And here have been times when agri commodities have done well. But every single time, precious metals stayed out of it.
Precious metals have been the worst place to be in over the past one and a half years. But it looks as though things are about to change.
Why?
Gold and Silver seem to be interested in jumping on the bullish bandwagon. Are they there yet? Let's take a look!
Precious metals have been the worst place to be in for the longest time. But with commodities across the globe taking off, precious metals finally got the memo. The cargo is on the move, folks!
Not many people know this, but I used to be a gold bug way back in the day.
Mid-2000s and into the financial crisis and beyond?
I was Mr. Gold Bug.
Any good technician was. That's how price told us to behave.
But then a funny thing happened. A combination of price and common sense proved that being a gold bug was no longer a good idea. That was about a decade ago.
And you know how humans are. Many of those angry little buggers stuck around and held other people's bags this entire time, while stocks and other risk assets have ripped making everyone rich, except for gold bugs.
It's funny how life works.
Because I think we might be back.
It's hard not to be in the Rocks > Stocks club these days.