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Oil and Gold Stocks Move in Opposite Directions a Lot
We're a long short fund, and we kicked off the first half of the quarter looking ridiculously well. And so even though wesit of a hundred and 30 long and 60 short, we were up above five%. And then things went to crap. It was all triggered by purtin's invasion of the ukrane, of krane. So it turns out that oil stocks usually do great when the economy does good, good. fraudulent oil stocks always out perform good oil stocks when the market goes up. When the market is going crazy, the frauds go up faster. The gold price also moves in opposite directions because way the world is shot both left wing frauds and right wing