Subramanyan
03-02

In the face of the Iran crisis, did your portfolio have enough Gold or Oil as a "parachute"?: unfortunately no. And that is sad indeed as I was planning to enter but waiting for a decent correction first.

2. Did you protect your profits in February? Will gold break $5,500 in March? Will crash history repeat itself in March: did book and protect some profit in Feb but not all of it. And gold could perhaps well touch $5500 provided the present situation lasts longer & doesn't end in a few weeks. 

Crude Crashes 10% on Ceasefire: Is Energy Risk Premium Gone?
The U.S. Oil Fund USO plunged 9.78% to $124.58 after President Trump announced a two-week ceasefire with Iran, sharply unwinding the geopolitical risk premium as fears over sanctions escalation and Strait of Hormuz disruption rapidly receded. The rapid collapse in geopolitical premium, compounded by renewed expectations of an OPEC+ supply increase pathway, created dual downward pressure on crude. If the two-week negotiation window collapses without a deal, could oil stage a sharp retaliatory rebound?
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Comments

  • He Man
    03-02
    He Man

    Is it too late to buy in?

    • Subramanyan
      Don't think so though I would be comfortable at a lower price.
  • Ah_Meng
    03-02
    Ah_Meng
    I have… just wonder if it’s too much if the war ends suddenly… [Thinking]
  • JJ Chin99
    03-02
    JJ Chin99

    Great article, would you like to share it?

  • ronleeck
    03-02
    ronleeck

    👍

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