Today my dog (he's a trader) knocked over my mouse and bought a mess of airline stocks. It got me thinking, maybe since he can't get Corona that dogs will start flying all over the country instead of us..........Needless to say, I'll let them sit until he takes them off.
What did she buy, if you don’t mind sharing? But to clarify, do you mean ‘rare earth’ or ‘precious metals’? Rare earth prices are rising, but it’s very hard to find an investible pure-play. I have come across the occasional listed stock but it was always small/illiquid. Big miners have rare earths but they don’t move the dial. So maybe your wife is taking a view on precious metal stocks? Maybe it’s not such a bad call. Overall spot prices are fairly supportive. The recent hit on stock prices could present a good entry point. Also miners are energy intensive, so lower oil prices will be welcome. If she does have a strong positive view on the underlying metal, then selecting the ones with the worst fundamentals (low grades, high costs, large debt burden) will give the best leverage to the rising spot price. It’s the guys high up on the all-in cost curve that will benefit most from each marginal increase in spot.
One needs exact tickers, to check on how bad it is. I guess something rare as this : https://finance.yahoo.com/chart/COB...pbnRlcnZhbCI6IndlZWsiLCJzZXRTcGFuIjpudWxsfV19 That's why, im preparing multiple IQ tests for my future wife.