Looking Ahead — What Will Run Next?

The winners over the past three months have been wholly schizo. Both oil and alt energy. Both real estate and semis. Growth and income. In a word: everything. Let me amend that, everything but gold — the sole loser the past quarter.

What’s the idea? Why is gold and silver in the shit-house?

The answer is as simple as it is stupid. Gold is boring, also rigged. When markets are rich with bounce, no one wants defensive end of world bargains. The younger people rather buy Bitcoin — because it makes them feeeeel better. Cryptos are this generations fuck you to fiat currency.

Heading into the Biden era, we all expect green initiatives, which is why alt energy and solar are skyrocketing — EV and LIDAR plays all the rage. You will drink your scotch as your EV car autonomously delivers you to jail.

Once reality settles in and people see Biden cannot spend $100 trillion on windmills, I suspect these alt energy plays will tumble into ruin. I cannot, for the life of me, get behind the oil trade now. But I can foresee an enormous shift in sentiment for both gold and silver — especially after all of the sobering up happens and people bear witness to profligate spending in a locked down world.

The vaccine will probably not cure the mask epidemic and we’re likely to remained holed indoors for the next 9 months. Under said conditions, one could presume a massive boon to the stay at home plays — online retailers and fucked faces like ZM, DOCU, SE, and ETSY.

There is a major shift happening in front of your eyes. Behavior is being changed rapidly on a global scale for the first time in human history. Think about the ramifications of all this and then try to figure out where all of that money is going to go.