Economic conditions change, investment opportunities evolve, and risk versus reward fluctuates.
Let's check out the charts of Barrick Gold, after news of Warren Buffett's investment in the company.
Markets are possibly fine until either growth or inflation force the Fed to change guidance on interest rates.
Good stock picking continues as market participants shrug off a host of negatives.
The dips we are seeing might not be buying opportunities at all...so proceed with caution.
It's understandable why precious metals are in vogue in our Covid-19 world, but remember that their prices can turn on a dime.
Here's a speculative precious metals play for consideration: Sibanye-Stillwater Limited.
I don't sell these shares anywhere if the commodity stays hot in dollar terms.
There are some concerns in the price action but dip buyers keep stepping up very quickly.
Check out the Dow Transports and the Dow Industrials.