Welcome to Portfolio Newsletter #2.

The last portfolio letter I published was in November 2025 and many significant macroeconomic and geopolitical events have taken place since then.

My recent focus has been to self-educate in the realm of short-term leveraged trading and technical analysis, hence the absence from writing. I hope to do this type of trading with 5% of my portfolio with the goal to become a more complete investor/trader.

The big macroeconomic news of course is the Israel/America versus Iran war. The American war machine marches on and inflicts huge destructive consequences on the world. Why? Blackmail, lust for money, huge kickbacks, thirst for power, thirst for control, thirst to spill blood, desire to maintain the petrodollar. Perhaps it is a combination of all of these. I believe it was initiated to maintain the U.S dollar reserve currency status via the petrodollar. Much like the previous invasions of Iraq, Libya and the recent kidnapping in Venezuela— the possibility that oil is to be traded in a non-USD currency is too much for these people. It keeps on happening so we might as well control what we can and attempt to grow and protect our wealth during this period of unfortunate destruction and murder.

In my desire to learn technical chart analysis and short-term leveraged trading I have recently completed the Trading Metamorphosis Program by The Market Sniper (Francis Hunt). I can recommend it if you desire to do the same.

It took me around four months to complete and it was a very professional and comprehensive training program. The course, and the access to the highly useful ‘Sniper Circle’ community for one year, in my opinion justified the relatively high price tag.

Francis Hunt teaches his own trading methodology which teaches you to identify a unique chart pattern of price action. You then complete a subsequent 360 degree analysis of supporting trend, trading volume and macro analysis. The method is called the ‘Hunt volatility funnel’ method (HVF).

Once you have identified a HVF chart pattern that satisfies all criteria— you can now derive buy or sell entry price points for a trade, stop loss levels, take profit target levels and trade time gestation periods. In in order to execute a trade which gives you a higher probability of success with asymmetric returns.

The meaning and goal of ‘success’ in this context is to increase your fiat currency capital. The community then encourages you to convert your surplus capital into gold and silver bullion as a wealth protection and savings vehicle.

This is an approach and philosophy I agree with.

It has been a thoroughly enjoyable and illuminating experience learning this process of technical chart analysis and short-term leveraged trading.

One of my goals is become the most complete investor and trader I can be, and this program helped me move toward that goal.

There is an important lesson here, if you are interested in investing— which you most likely are, I can’t stress the importance of learning the mechanics of as many financial instruments as you can.

Instruments include company stock (shares), ETF’s, bonds, treasury bills, options, warrants, commodities, futures, CFD’s, mutual funds, swaps, foreign exchange, real estate investment trusts and cryptocurrency.

Start with the instruments you believe might currently provide the most opportunity for you, and then expand from there.

For example, I have studied the mechanics of options contracts before attempting to study bonds because investing in bonds right now does not fit my macro-thesis. On a side note— I do not deem government treasury bonds to be an ethical investing instrument. As in my opinion— I would be voluntarily funding an inherently coercive, violent and extortive institution. Corporate bonds are ethically fine in my opinion, but of course it is up to you what you deem to be ethical and where you put your money.

If you combine these investing skills you continue to develop with the ongoing study of history, economics, psychology and markets— you give yourself a greater chance of growing and protecting your wealth in an optimised and efficient way.

In this letter I will discuss the current situation relating to markets, portfolio construction, hedge positions and I will reveal my current stock and options portfolio. Including relevant stock ticker symbols.

The Current Situation

Over the last two years we have witnessed a large increase in the prices of gold and silver in fiat currency terms. In my opinion the metals are doing their job just fine as wealth protection. They will continue to be a good place to store value as fiat currencies most likely continue their loss of purchasing power relative to gold.

Despite some recent pullbacks in the metals I think there is nothing to worry about. The fundamental factors are still in place.

Broke governments have gigantic levels of public debt which is costing more and more to service. They rely on other people to buy new debt to service the interest payments. All while facing increasing budget deficits, increasing future liabilities and rising consumer prices (decreasing purchasing power of currency). These occurrences decrease the real returns on bank deposit interest, bonds and also stocks.

It is not the best looking scenario.

For governments, if bond yields keep rising and no one wants to buy their bonds besides their own central banks, there is going to be a big problem. This indicates to me that a long-term bull market for precious metals is still in place. As precious metals are historically the safe haven when fiat currencies falter.

I feel very good owning some physical bullion. It’s beautiful, it’s shiny, it feels great to hold in your hand, you can turn it into jewellery and it helps you to sleep well at night. While considering its 6000 year history of use as money, it is also useful to remember that all the fiat currencies of history have eventually failed.

I recommend Bullionstar and Strategic Wealth Preservation if you wish to buy and vault precious metals internationally.

The Israel/America versus Iran war has hugely affected the production, transportation and supply of crude oil, natural gas, sulphur and fertiliser due to the closure of The Strait Of Hormuz. This supply disruption will have large negative delayed downstream consequences, as many countries and companies rely on products travelling through the strait. There is no alternative way to adequately obtain all their supply elsewhere without the drawdown of backup reserves.

Logistics is important for society. In my home country trucks have a little sign on the back that says ‘without trucks, Australia stops’. Very true, I used to load these trucks with a forklift everyday for a long time. Truck engines need lubrication and petrol to run. Automobile lubricant retailers in the U.S. are now projecting a 40% shortfall in lubricant supply.

Diesel fuel prices have already risen and could rise more in the near future.

A huge issue and structural change, oh but there is more.

Sulphur as a product, is produced as a by-product of the crude oil refining process. Sulphuric acid is essential in the extraction and refining process when mining minerals such as copper, cobalt, nickel and uranium. Copper and cobalt are essential inputs for making electric cars. A large AI data centre may need hundreds of tons of copper to build.

Sulphuric acid is also essential in fertiliser production. Around half of the supply goes to fertiliser production and around half goes to mining.

The price of sulphur is up 95% since the start of the war.

Natural gas is the primary input for ammonia production and ammonia is the building block for urea, the worlds most widely used nitrogen fertiliser. Fertiliser is a necessary input for food production.

If farmers can’t afford or attain fertiliser, they don’t plant for the season or they switch to a different crop that doesn’t require as much nitrogen fertiliser. For example if it is not economically feasible to plant wheat, they might plant soybeans instead.

See where this is all going?

When the cost of all these inputs rise due to lack of supply relative to demand, the price of the end products will rise as well, either now or in the future. Politicians will want to hide this or pass the blame on to ‘greedy farmers and corporations’. The general population absorbs the price rises until they can not.

This is a massive energy crisis that will brutally affect global standard of living and the market in the very near future, I believe. Which means you can take the opportunity to pre-emptively position and benefit.

The Strait Of Hormuz shock combined with the existing conundrum that politicians have with servicing increasing debt with increasing yields, leads me to confirm my belief and macro-economic thesis that hard assets are the place to be going into the future.

Good companies that produce energy, precious metals, commodities and the commodities themselves should all experience a high demand for their products in the near future. Although nothing of course is guaranteed.

The U.S 30 year bond yield has recently broken back out above 5%. Before 2024, the last time it was above 5% was in 2007.

As government bond yields march higher so does the debt service cost of the government. In May 2007 the U.S. debt-to-GDP ratio was approximately 64%, today it is approximately 122%

I guess we will see how long they can sustain servicing the debt, and we can expect quantitative easing on the long bonds to return, alongside the money printing they are already doing to buy short-term bills in the U.S.

I reference the U.S and the U.S dollar as it has the most widely used currency in the world and has the most liquid stock market, but most other countries have the same debt problems that the U.S has. It is a global problem. Non-U.S countries also hold large amounts of U.S assets and U.S dollars that could get re-priced drastically.

Japan is a good example of this. Japan has massive public debt levels and owns a large amount of U.S treasury bonds that could need to be sold off.

Portfolio Construction

Regarding portfolio allocation percentages— I aim to distribute capital in the following way— 66% physical gold and silver bullion, 24% long equities including dividend paying stocks, 5% options trading strategies and 5% short-term leveraged trading utilising CFD contracts (contract for difference). No real estate, no bonds and no fiat currency bank deposits besides those needed for living expenses.

The allocation to physical bullion may seem excessive and it may be. I am largely going off gut instinct but it feels good to me and it useful to consider that gold and silver is real money with intrinsic value that possesses all the required properties that make it ideal as money.

I think of it as a savings vehicle. It doesn’t provide a traditional yield unless you lend it out to someone, but your yield is measured in the increasing loss of purchasing power of fiat currencies— which I believe will continue and will beat the real returns (adjusted for consumer price inflation) provided by bonds.

The riskier instruments of options and leveraged CFD spread betting are lower allocations because of the increased risk involved.

Although with options contracts you can reduce risk by only selling options instead of buying them. My options income strategy is to sell puts— then when I eventually get assigned on the put and have to buy the stock, I will sell covered calls against the stock.

I also think it is useful to hold cash in your brokerage account which can give you the optionality to buy companies at better prices if there are large falls in price. You can also add to positions you already own on dips, to create a lower cost basis using a tranche buying strategy.

I need to improve in this area. I am usually fully invested and I need to get better at keeping cash in my brokerage.

The Sectors I Am Invested In

Oil, coal, natural gas, copper, gold, silver, uranium, rare earth metals, graphene, corn.

I am most bullish on gold and silver miners as they are leveraged plays on gold. Their input costs will not rise as much as the metal prices in my opinion.

Hedge Positions

• Bear put spread on QQQ (Nasdaq index).

• Long position on SH (ProShares Short S&P500 ETF - Inverse ETF that is short the S&P 500).

Short Positions

• Carvana put option (CVNA)

Current Portfolio (equities)

My portfolio is quite simple.

I aim to increase the net value of my account through growth in equities, options trading and dividend payments. I take profits on individual stocks at 100% gains by selling my initial investment stake— leaving the rest to run in a ‘Casey Free Ride’. This is Doug Casey’s method to take profits, where at 100% gains you take your initial investment off the table, thereby protecting it and letting the remaining shares run in a risk free ‘free ride’.

I recommend subscribing to the publication Doug Casey’s Crisis Investing on Substack to learn more about this methodology and for quality individual stock recommendations. It is a fantastic publication of which I am a paid subscriber. It has helped me create great returns.

I also recommend the Capitalist exploits Insider Program, The Tucker Letter and Macleod Finance for paid newsletters. All quality publications.

I am part of The Market Sniper community for technical analysis and short-term leveraged trading.

I make withdrawals from my portfolio for living expenses, so at the moment I am not able to maximally compound my returns but I am working on changing that.

Current year over year (YOY) returns for the portfolio stand at +39.13%. They peaked at +89.95% on March 2, 2026. Yes the 50% pullback has hurt, but I think it is probable that I can claw back those gains by the end of the year.

My year to date (YTD) returns have been badly affected by the recent pullback in gold and silver. In March 2026 YTD returns peaked at +35.04% and as of writing they now stand at -1.01%.

Interactive Brokers uses time-weighted returns. This accounts for myself taking profits/small losses, adding to positions and withdrawing cash from my account for living expenses. The return is based on performance only.

YOY returns for physical gold is +38.32%, and for physical silver it is +131.97%.

YTD returns for physical gold is +5.40%, and for physical silver it is +8.59%.

Individual Positions

I won’t discuss all of the individual positions in my portfolio. It would make this a very long letter, but I will highlight a company which I am excited about and have a larger relative position in.

The company is HydroGraph Clean Power Inc. (HG.CN) (HGRAF.OTCM).

They make the material graphene which is characteristically 200 times stronger than steel, highly electrically conductive, highly flexible, lightweight and impermeable.

It is somewhat of a ‘super material’.

HydroGraph’s core technology is their patented Hyperion System, which uses a unique detonation-based “explosion synthesis” process. Hydrograph’s technology makes the production of graphene economically feasible, which for other companies it hasn’t been in the past.

The potential use cases for this material and the potential scalability of the business is very exciting to me.

To Conclude

I hope you have learnt something and obtained some ideas from reading this letter. I don’t want it to be too long so I will end it here. After publishing this I plan to make access to these portfolio letters a paid tier. Existing subscribers such as yourself who have gotten in early will not need to pay.

Protect your wealth, grow your wealth and maximise your personal freedom going into the future, and you can minimise any unnecessary suffering for yourself, your friends, family and society at large.

Thank-you for reading.

If you have any questions regarding the portfolio, you can drop a comment or send me an email at hello@shernonhague.com

-Shernon

P.S

If you are interested in supporting my work feel free to check out my products and affiliate partnerships below.

The High Fidelity Podcaster - Professional podcasting course for aspiring podcasters and creators.

Investment programs and newsletters:

Capitalist Exploits Insider Program $1000 discount link

Capitalist Exploits Insider Newsletter

Gold and silver bullion purchases and vault storage:

I recommend the services of Bullionstar in Singapore and Strategic Wealth Preservation (SWP Cayman) in the Cayman Islands.

Please make sure to save and click the links again if you start an account and do not make a purchase in the same session. In order to receive my affiliate commission, the purchase needs to be made in the same session after clicking the link within your web browser.

Thank-you for your support.

*Not to be construed as financial advice. This newsletter is for informational and entertainment purposes only. Please perform your own research when making financial decisions.

Cover photograph by Shernon Hague | Arashiyama, Kyoto, Japan 2016 | 35mm film

I have decided to introduce a new investment portfolio newsletter to the Total System Freedom publication and this will be the first issue.

This new newsletter will accompany the previous system focussed newsletters. They will together encompass and integrate the larger goal of maximising personal freedom in our lives.

As a voracious consumer of paid investment research and having experienced the financial benefits alongside the knowledge and wisdom gained, I see it as the next logical step to publish my own investment newsletter. Although I am still an amateur investor, my current year to date returns could be seen as very good when compared to traditional portfolio return benchmarks.

In these newsletters I will transparently share my current portfolio, new trade ideas, my thoughts on the markets, my macro investment theses, relevant research and perhaps some thoughts about life and the state of the world in general.

As the world changes I believe authentic human generated content as opposed to AI generated content will become more valuable. I hope to embrace this change and play a role by attempting to create disciplined, valuable and fully realised content. Using my fingers to hit the keyboard, typing each letter.

If you are interested in protecting and growing your wealth, developing a macro thesis as it pertains to the financial markets and having a corresponding investment strategy is incredibly important right now.

My goal is to help people who are just starting on their journey, and to also cater to the more experienced investors who enjoy reading multiple financial newsletters to view and absorb diverse perspectives.

I hope you can follow along and learn from my wins and losses and my overall approach to investing, trading and the thought process that accompanies it.

This is not financial advice, I just will be showing you what I do in the hope that you can take away something positive and benefit from it.

Writing this letter will benefit me and hopefully you, as it will allow me to gain clarity and to test and crystallise my thoughts on economics, trades, and investing strategy via the medium of writing.

I will attempt to combine the trivium of grammar, logic and rhetoric to make sense of the world and markets. I will take action, position accordingly and ideally protect and grow my wealth into the future.

I will then share the process with the Total System Freedom community and readership for what I hope to be mutual benefit.

The Current Situation

I believe we are currently living through a once in a century phase of a cycle where capital preservation is currently more desirable than capital growth.

This cycle of societies rising and falling has been observed through history by authors William Strauss and Neil Howe in their book The Fourth Turning. Like a forest fire, societies do not progress endlessly, they go through a process of crisis and regeneration.

In each cycle of 80-100 years it is hypothesised that there are ‘four turnings’, each representing four different phases within the time period.

If we are to believe that these patterns will re-occur, we can observe that we are currently in the crisis phase of this cycle which is ‘The Fourth Turning’.

When it comes to your wealth, prioritising return ‘of’ capital rather than return ‘on’ may be the most prescient and financially wise strategy at the current moment.

Sure, there are great undervalued companies in global markets which you can buy outside of the S&P500 and this could be a good and profitable idea, but in a period where the monetary system is fundamentally changing and fiat currencies are failing to maintain purchasing power, the focus should be on protection.

But I will caveat this by saying the show can go on a lot longer. As long as people believe in shoving their money into the goliath that is the U.S stock market and as long as they have access to cash and credit that will allow them to do that, any sustained and prolonged crash in the markets may be delayed.

In the below chart you can observe that 52% of global equity market capital is invested in the S&P 500. Increased capital flows out of the S&P 500 could create a major capital rotation event.

Global Equity Market Breakdown (2024/2025)

│ S&P 500 ███████████ 52% │

│ Rest of U.S. ██ 8% │

│ Europe ███ 9% │

│ Japan ██ 6% │

│ Rest of World █████ 25% │

Public and private debt levels globally are the highest they have ever been which begs the question, how long can it keep rising before something breaks?

What happens when sovereign bond yields surge higher and keep going higher?

If this happens it would indicate a loss of faith in the stability of the purchasing power of the underlying currency and an increased risk that your invested capital from government bonds may be confiscated or defaulted on.

For example Russian owned U.S treasury bonds were stolen/seized by the U.S government in 2022. There is no reason why they wouldn’t do it to another country if they desire.

This is one reason why central banks have been steadily increasing their purchases of gold bullion in the last few years. As the risk of holding U.S treasury bonds has increased.

The greed in the fear and greed cycle is driving markets higher.

Technology companies and artificial intelligence related companies are the focus of what is being talked about in the mainstream media and this has led to bubble like valuations.

The price to earnings ratios of the magnificent seven stocks which have the highest weighting in the S&P 500 and Nasdaq 100 indexes have an average price to earnings ratio of 68.44, while comparatively companies in another sector like the Invesco S&P SmallCap Energy ETF have a weighted average P/E ratio of 11.51.

It is generally considered that a P/E ratio of under 10 indicates potential value.

The magnificent seven stocks are profitable companies and have made people a lot of money but do they currently deserve the valuations and market capitalisations they have? Or is this a result of having benefitted from passive investing flows, credit expansion and stock buybacks?

Large amounts of capital could rotate out of these U.S based stocks and into real money and value stocks quicker than you may realise and it is better to be prepared.

We are also currently in the midst of a profound change in the financial system and the way the world is structured.

The main change underway is the loss of purchasing power of global currencies due to consistent money supply inflation (money printing/quantitative easing), the resultant consumer price increases, increased public and private debt, weakening economies and the move away from using the U.S dollar in international trade.

You can see this reflected in the price of gold, which has been the core money of financial systems for 5000 years.

A rising price of gold indicates falling fiat currencies, as it is the true risk free money which everything else is to be measured against.

The rules of the monetary system are currently being rewritten.

I personally see gold returning to its rightful throne and becoming the most desired money and pristine collateral to be used between counter-parties and in international trade.

Central banks have been accumulating record amounts of gold and China is taking to steps to build gold vaults in other countries to be used for seamless Yuan-gold conversions. Also for direct settlement in gold for international trade via the Shanghai Gold Exchange (SGE).

Currently a Chinese SGE offshore gold delivery vault in Hong Kong has been established and has been in operation since June, 2025.

If fiat currencies return to a gold backing the gold price would need to be much higher to back the gigantic fiat currency base which has inflated exponentially since 1971 when Richard Nixon took the U.S dollar off the gold standard.

So what do we do about it as investors? Well I can tell what I am doing and perhaps it could give you some ideas.

If the world is moving back towards gold and away from the U.S dollar I want to be long physical gold and silver, long quality gold and silver mining companies, and long quality equities in cheap, undervalued sectors in global markets that will eventually trend upwards and provide asymmetric returns.

I also believe there could be potential in companies that create an exciting, future focussed product and narrative in the technology space. Even if these companies have no revenue currently and present more risk as growth stocks.

An example of this would be the electric vertical take-off and landing (eVTOL) aircraft and humanoid robot sectors.

I have allocated my capital accordingly and will continue to take profits and rebalance my portfolio as needed.

Portfolio Construction

The percentage allocations to gold, silver, commodities, equities and fiat currency must be determined by the individual investor and their risk tolerance.

A general portfolio could consist of gold and silver bullion, real estate, equities, alternative investments and cash. It depends on many factors and your risk tolerance. How much riskier investments are you willing to take on to increase your returns?

Considering these asset classes could be a good starting point and is some food for thought, it is not a recommendation.

Holding gold and silver is to possess real money as insurance and a store of wealth. The equities are to create returns that could beat comparative returns in the market.

Real estate can provide income, capital appreciation and a place to live, but should be viewed as a consumer good.

Alternative investments like watches, fine art, wine, whisky, vintage cars and vintage guitars offer diversification and fun.

Holding cash in the form of fiat currency gives you the opportunity to buy assets quickly but will also be subject to currency debasement at the rate of consumer price increases. You could consider holding cash as paying a premium for optionality.

You can also spend money to insure against potential losses in the market, this is usually called a hedge. You can consider owning gold and silver as a hedge but you can also use market instruments such as options contracts.

For this scenario I currently have a hedge position in place using options to protect against a fall in the Nasdaq 100 index.

A fall in the Nasdaq could potentially bring my positions in Non-Nasdaq/tech related equities down with it (mainly gold and silver miners) due to investors needing to rebalance their portfolios due to margin calls and the need for liquidity.

This hedge is a bear put spread on QQQ (Invesco QQQ Trust Series I), which is an ETF that tracks the Nasdaq 100 index. The position is currently 2.5% of my portfolio but I am planning to increase it to 5%. The position is long dated and expires on 21 January 2028.

To put it simply, if the Nasdaq falls or crashes, the bear put spread position will become more valuable and I can choose to sell it back into the market at a profit to close my position or hold it until expiry.

This position will possibly offset any potential losses in my other positions in the event of a crash.

It is essentially purchasing insurance for my portfolio alongside precious metals and it will cost you money to buy this ‘insurance’ if you decide to do the same.

Sectors

I see near and long term potential in sectors such as precious metals mining, oil and gas equipment and services, uranium, shipping and value companies in emerging markets.

Companies that are producing things that are real, tangible and highly useful to the world.

Energy as a broad theme is likely to benefit as increased demand for AI processing and infrastructure will require massive amounts of energy not currently available.

I own one company of special interest which has developed a unique cost effective process to manufacture graphene. Graphene is seen as a miracle material which is 200 times stronger than steel, has high electrical conductivity rivalling copper and has superior thermal conductivity ideal for heat dissipation. It can be used in many industries.

The company is HydroGraph Clean Power Inc. (HG.CN).

Precious metals

I recommend owning a percentage of your portfolio in physical gold and silver bullion that you can hold in your hands.

To reduce counter-party risk you can store it yourself at home or on your person as you travel. Or you can use international vaulting services such as Bullionstar in Singapore or Strategic Wealth Preservation in The Cayman Islands. Vaulting services add a layer of counter-party risk and create an additional expense but provide convenience and can reduce political and geographical risk.

You can read my guide to owning gold here which covers all aspects of gold ownership.

You can read my guide to owning silver here which does the same.

Hedge Positions

Bear put spread (put debit spread) options position.

Bought QQQ Put | $400 strike price | Expiry 21 January 2028 | $13.96USD per contract

Sold QQQ Put | $350 strike price | Expiry 21 January 2028 | $9.17USD per contract

Spread position cost me $4.79 per position (1 bought contract minus 1 sold contract).

Options contracts always involve controlling 100 shares per contract so buying one of these positions costs $479USD. ($4.79 x 100 shares).

The long expiry on this position gives two years of protection.

At any time you can close the position at a profit or a loss. If the Nasdaq rises the position will lose value, if the Nasdaq falls the position will gain value.

The gains in the position are maxxed out at the $350 strike price. If the Nasdaq falls below $350 the position will not become more valuable.

Current Portfolio

The current year to date returns on my total portfolio in Interactive Brokers stands at 31.82% as of 17/11/2025.

This figure does not include returns from my physical precious metals holdings.

Year to date returns on physical gold stands at 55.61%

Year to date returns on physical silver stands at 64.12%

In comparison year to date returns on the S&P 500 are 14.07%

The current portfolio:

The portfolio consists of individual stocks and ETF’s. Some stocks pay dividends and some don’t.

Of special note is GDXY which is an ETF that invests in the same stocks as the GDX VanEck gold miners ETF. It uses various options strategies such as a covered call options strategy to produce income. The income is then distributed to shareholders via dividends. GDXY currently pays a hefty dividend yield of 61.22%. The current share price of 15.63 is currently trading at a −0.08% discount to net asset value (NAV). The NAV of the fund is calculated through the following formula.

Formula: NAV = (Total value of the fund’s assets - Total liabilities) ÷ Number of outstanding shares.

This is considered the intrinsic value of the fund and is what anchors the share price over time.

Below are the ticker symbols of stocks in individual sectors that you can reference in the portfolio table to find the stock name.

Dividend portfolio - BWO, BWLPG, MPCC and GDXY.

Gold and Silver mining individual stocks - WRLG, DEX, AYA, AGI, AEM and ABRA.

Gold and silver mining ETF’s - SGDM, SLVR and GDXY.

Rare earths - MP.

Oil and gas equipment and services - BWO.

Shipping - MPCC, BWLPG.

Earlier this year I was implementing the options wheel strategy when entering and holding stocks.

I would sell puts to enter a position, then if I get assigned on the put (I have to buy the stock at the strike price) I would now sell covered calls on the stock that I now own. This generated considerable options selling income for me when I previously owned and ran the wheel strategy on companies such as Tesla (TSLA) and NuScale Power Corporation (SMR).

You can read more about implementing an options strategy to increase your income in this system newsletter.

In this letter I won’t analyse and provide research of any specific stock, I will attempt to do this in future newsletters. This inaugural letter is to serve as presenting a broad portfolio overview and macro-investing thesis.

Please look into and research the individual positions in the portfolio if you desire.

Back with more soon and thank-you for reading.

-Shernon Hague

P.S

If you are interested in supporting my work feel free to check out my products and affiliate partnerships below.

The High Fidelity Podcaster - Professional audio course for podcasters and creators.

Investment programs and newsletters:

Capitalist Exploits Insider Program $1000 discount link

Capitalist Exploits Insider Newsletter

Gold and silver bullion purchases and vault storage:

I recommend the services of Bullionstar in Singapore and Strategic Wealth Preservation (SWP Cayman) in the Cayman Islands.

Please make sure to save and click the links again if you start an account and do not make a purchase in the same session. In order to receive my affiliate commission, the purchase needs to be made in the same session after clicking the link within your web browser.

Thank-you for your support.

*Not to be construed as financial advice. This newsletter is for informational and entertainment purposes only. Please perform your own research when making financial decisions.

Cover photograph by Shernon Hague | Arashiyama, Kyoto, Japan 2016 | 35mm film