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Below my transactions (older than 1 month) from group J: info
Mission accomplished.
ETF provider: WisdomTree
Ticker: PHAG
ISIN: JE00B1VS3333
Currency: Euro
Exchange: Euronext Amsterdam
Fallen due to the stronger dollar, caused by the lower euro. The euro has come under pressure due to the increased corona infections in Europe. A temporary effect. The high US government debt and the large stimulus packages from the FED will cause the dollar to fall again.
After the steep rises, a short setback. The fundamentals of low interest rates, money printing, low dollar and high US government debt remain good for silver. In the long term, higher inflation will provide an extra push. What will increasingly play a role is the lack of physical silver. Few new silver mines are being started up. Demand from the electronics industry remains significant. The demand for silver coins is increasing rapidly. The low supply and increasing demand will cause the silver price to rise sharply.
Ticker: PHAU
ISIN: JE00B1VS3770
Today a dip in the gold price. Normal after the long hike. For the longer term, everything will continue to look good. Low interest rates, money printing, high US government debt, lower dollar and higher inflation over time. Reason to use the dip to get in.
Multiple purchases over the years. Now completely disembarked. For the longer term, my expectation remains that the silver and gold price will rise much further. In recent times, however, the increase has been very fast. The chance of a short-term relapse therefore increases. It also has to do with the way the ETF website works. The intention is to get in and out often. To get some profit in the books that way. If I see buying opportunities with the gold and silver ETF again, I will take up positions again. However, now is the time to secure profits.
The increase has been very fast lately. Reason to take a profit.
The annual target was 25% return. Now after only 6 weeks a large part of the goal has been reached. Corona, and economic growth creates uncertainties that make me more willing than usual to take a profit.
Ticker: COFF
ISIN: GB00B15KXP72
Exchange: Borsa Italiana
Restaurants, terraces and many company canteens closed. Obviously that was not good for the demand for coffee. Now that restaurants and terraces are open again everywhere, demand will increase again. Drinking coffee at home has of course continued and probably even increased. Drinking coffee is still a luxury for residents of many countries. In those countries, the demand for coffee will not yet be high. Still, I decided to buy this coffee ETF now. Fears of lower demand have caused the price to fall sharply. That decline has gone too far.