Cryptocurrencies:
LOTM has taken a decided shift towards owning Cryptocurrencies in the past week. We are seeing major financial institutions and money managers committing to Cryptocurrencies. This is a simple investment theme. Supply and demand.
Today we made our first Crypto purchase – through the stock market. It is a SEC approved trust that trades publicly under the symbol ETCG* $6.30.
This is one of the two Ethereum’s – Ethereum Classic (the original). The second is Ethereum Trust (ETHE) $48.35 – a splinter branch of Ethereum Classic. Both appear very over-sold. We are looking for a regression to the mean trade. Ideally that means back towards it 50-day moving average, currently around $9.32. Continue reading
September 16, 2020 Tom’s Blog
Now What?
The Jerome Powell, Chairman of the Federal Reserve recently stated that the Fed would keep interest rates low and let inflation run above the two percent target. Run “hot on inflation” in my words. This is another way to say that they are in a bind. Continue reading
September 15, 2020 Tom’s Blog
Aggressive Buy in a Healthy, Oversold, Dividend Payor!
Sourced from Finviz – INO Sept 12,2020
A Related account has been slowly buying and will continue to add to the position
In an account related to LOTM we have been slowly accumulating shares of AM as it dropped in value. We like the company (AM). Management at AM seems above average. Its sister company, Antero Resources (AR) $2.67 also seems very well managed. AR is the exploration and producing sister company while AM is the pipeline transport company.
Anteros Resources (AR) $2.67, is the fourth largest Nat Gas company in the United States.
There is currently a supply shortage in silver. In the table below – see the fourth line from the bottom: Net Balance. There has been a shortage of silver production to demand for each of the ten years in the table. Continue reading
