Quote:
Originally Posted by raab
I'd still be buying good companies if all my money wasn't already invested. I'm watching Boeing as they're too big to fail. What's important to note is the rise in prices isn't because of improved earnings. It's 100% because of the excess money printed since March. Your just seeing inflation in the stock market first, because the velocity of money is way down. Once that velocity picks up, expect high inflation.
https://tradingeconomics.com/canada/money-supply-m2
https://fred.stlouisfed.org/series/M2V |
yep, definitly inflation i think democrat or more willing when it come to the QE printing, also they are more bail out friendly .
i have 20% invested in kirkland lake, 10% in suncor and 10% in WM the rest is sitting on cash. just havea feeling that their will be a entry point sometime this year iam willing to wait it out .