Overview
This is an article about my positioning for 2020 and some general reasoning behind it. My portfolio is concentrated to a few specific industries; precious metals, oil, and uranium. The article will not cover the various stocks in great details but rather how I reason regarding the industry allocation.
General Market & Precious Metals Mining
The overall market has performed better that I imagined recently. This is very likely due to the dovish turn from the Fed and more liquidity, rather than increasing earnings.
Figure 1 - Source: Zerohedge
While there are certainly some