Wednesday, January 26, 2022

Quick Update: Sold all my CNQ, bought more gold

Sold the last of my CNQ tonight.  I think the correction continues and drags oil down.  I hope to buy it back after the correction.

Bought 0.5% more gold tonight, continuing to accumulate.  Now have 5.5%.  Want to get up to 10%.   I hope to sell it during the correction to buy stocks.

I'm now 101% invested.  95% excluding gold (as a type of cash).


Update 27/Jan: Gold down a big 2.5% last night on Powell's insistence that he will raise rates.  Just bought another 2.5%, now holding 7.5%.

Update 28/Jan: Gold down a bit more, bought another 2.5%, reached 10% allocation.

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