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I am just an amateur investor and have only been in the Wall Street Casino since March. I did well for a while using the volatility to profit from simply buying low and selling high. As an example, I made $1600 on American Airlines, $1200 on Bed, Bath, and Beyond, and $1200 on SPR, to name a few.
Gold and silver are up in value and therefore so are mining stocks. In this house arrest period, people are doing what they can do. Gold and guns go up out of fear, outdoor equipment, RV’s, etc. go up because there’s nothing else to do.
With the printing of trillions of dollars of currency, the price of everything is bound to rise. Our relationship with China is changing. As more products become domestically produced, prices will be much higher. Much of our drug supply is made in China so it would follow that drugs will be much higher. Technology is streamlining the way we do everything and those things will get less expensive.
Everything has become abnormal. There is not a new normal. We shouldn’t let the new destroy everything worth remembering.