Reinhardt Gert Coetzee @reinhardtcoetzee: "𝗧𝗵𝗲 𝘄𝗼𝗿𝗹𝗱 𝗮𝘁 𝘁𝗵𝗲 𝗺𝗼𝗺𝗲𝗻𝘁,..."

South Africa

𝗧𝗵𝗲 𝘄𝗼𝗿𝗹𝗱 𝗮𝘁 𝘁𝗵𝗲 𝗺𝗼𝗺𝗲𝗻𝘁, 𝗵𝗮𝗿𝗱 𝘁𝗼 𝗶𝗴𝗻𝗼𝗿𝗲 𝘄𝗵𝗮𝘁'𝘀 𝗴𝗼𝗶𝗻𝗴 𝗼𝗻 - 𝟮𝟰 𝗠𝗮𝗿 𝟮𝟬𝟮𝟲 The US-Israel conflict with Iran has sent oil prices surging with some analysts floating the possibility of $150 or even higher if the Strait of Hormuz stays disrupted for an extended period. That's a significant impact on direct energy markets, but also the ripple effects downstream from higher fuel prices and inflationary effects. We did get a bit of relief yesterday after Trump announced "productive conversations" with Iran, and oil prices pulled back — but it's still a fluid and unpredictable situation. For the portfolio, this is one of those macro events you just have to sit through. My holdings are focused on quality companies — NVIDIA, Apple, Microsoft, Amazon, Meta, Google, AMD, Shopify, Tesla — businesses with strong fundamentals that have weathered rough patches before. The Energy Select Sector ETF $XLE (State Street Energy Select Sector SPDR ETF) and IAU Gold Trust $IAU (iShares Gold Trust) are doing their job as hedges right now, which is exactly why they're in there. The higher cash position that I mentioned in my last update is also feeling even more appropriate at the moment. I'm not looking to make dramatic moves — but if this volatility creates some attractive entry points on stocks I already like, I'll be ready to deploy. Macro storms pass. Long-term mindset is everything. Best, Reinhardt

Not investment advice. The author may have financial interests in the mentioned instruments.

2 Mentioned

XLE

State Street Energy Select Sector SPDR ETF

IAU

iShares Gold Trust

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