I still have small positions in Silver and Bitcoin.
Play defense. Be patient.
“That men do not learn very much from the lessons of history is the most important…” Read More »
50% of the Perry Capital portfolio is in the money market.
remains at 25% of portfolio assets. 3-month T-Bills now pay 4.63%, 6-month T-Bills pay 4.81%. Long Treasuries
“Judging by the price action in markets over the past couple of months…” Read More »
The Perry Capital Portfolio remains unchanged (75% cash.) 50% of the portfolio is in the money market. The
T-Bill position remains at 25% of portfolio assets. Long Treasuries
S&P 500 is also a 10% position. So far, everything is up. My small Silver and Bitcoin positions have been good
performers for the start of the year. Lower long-term funding rates are the key to the whole puzzle. We’ll
know more about that on February 1st.