Well, 2026 started with a bang.
Trump order attack on Venezuela and has abducted Maduro and his wife.
I did not buy enough gold.
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I think I did buy enough shovel sellers, oil and infrastructure companies.
And yes, I am old and probably this will take still a few years. But I definitely want to visit Venezuela again. Probably will spend some of the petrodollars there.
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To combine Venezuela, gold and oil, I invested in Rusoro Mining Ltd. and Gold Reserve Ltd., two gold mining companies that were expropriated in 2011/12 by Maduro and have recently won a case in front of a US judge, allowing the sale of CITGO, the American chain of gas stations owned by Venezuela/PDVSA. I wonder how this case will pan out now. Not very Mustachian, but great case study in crisis investing.
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I think we should think more about US Stocks vs Venezuela stocks. With such actions, foreign investors would be even more concerned buying US stocks and debt.
This is similar Action Like Iraq where pretext was created to eventually control oil supplies. EU will take „we are observing stance“ and will be labelled hypocrite because of different positions in Ukraine. But rest of the world might not side with US unilaterally.
First buy of the year turned out lucky, CHDVD on limit order with some spare cash at hand due to the sudden drop this morning. Now the issue is I don’t like spare cash but hey, next month.
Something else that’s useful - maybe PF changed how they handle trading fee credits - my order had ~CHF23 of costs but only CHF3 of costs were recorded in the transaction, maybe it automatically subtracts the CHF18 account management fees?
It always has worked like that with PF afaik.
You paid 18.- for the quarter (or beforehand 90.- for the year) and you get the amount in trading credits, which are subtracted from your next transaction.
Never noticed, what I’d noticed if that there basically no account costs deducted from my account, as I’m putting in a buy order every month.
Check your transaction history, every detail in there
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Will be interesting to buy Aramco after oil stocks crash.
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Re “we need that oil” - i thought this was funny: US oil groups warn they will need guarantees to invest in Venezuela
The majors essentially saying: we can’t invest in Venezuela as long as one POTUS tweet can mess things up again.
On that note: Kaoma - Lambada (Official Video) 1989 HD
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Does SOF mean “Special Oil Force”?
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An incredible start to the year. In the first week, I’ve managed to get around 30% of the gains for the whole of 2025.
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Wouldn’t it be wise to cash out the gain before the bubble bursts??
After all you’ve already reached your expected return, sort of! How much more risk are you able to bear for the remaining 356 days until end of year? Do you have what it takes?
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Or until we’re guaranteed things won’t change with the next administration (they need an investment horizon > 2-3y)
I saw a comment which make me feel US politics have gone into very different direction and lack of checks & balances are quite clear . There is no counter either domestically or internationally. Someone strong needs to be willing to fight on behalf of someone else which seems highly unlikely. And as long as it continues, more and more of such things will happen
United States President Donald Trump has dismissed international law, saying only his “own morality” can curb the aggressive policies he is pursuing across the world after the abduction of Venezuela’s Nicolas Maduro.
Anyway. Thinking through the impact of the Venezuela escapades, today, I removed my heavy Canada ETFs from my Pillar 3a investments and re-allocated them.
When markets open, I’ll look at Canadian energy investments and sell them, maybe along with other Canadian investments.