T212 £183k Portfolio Update and memory suppliers

My two accounts were both down at the end of this week. During the week, some of my holdings were stopped out and sold. 

Stock that stopped out and sold was Moderna (sold £1k for £400 gain) and Micron (sold £2.7k for £1.1k gain). Also OSCR (sold £1923 for £368 gain).

I topped up on AMAT, HYNIX and Korea ETFs. Also Solar Energy Infrastructure.

Here are a few of my newer purchases:

Recent ISA purchases (hurt by drop in Corning price!)

I tend to use my ISA account as a trading account. I have a bad habit of overtrading in this account (YTD ISA IRR is 13%, overall IRR 37%)!

Hynix, Samsung and memory

AI requires memory. Data centres and servers require memory. PCs and notebooks require memory. There is a forecast memory shortage up to at least 2029, even with new capacity coming online. The memory manufacturers order books are full.

AI earnings may not be as good as expected, but as AI algorithms become more efficient and as the price of tokens goes down, more people will use AI as it improves.

The video below discusses Hynix and memory suppliers.

I have loaded up on Korea ETFs, Hynix and Samsung. I am hoping for a small price increase on Monday 13th July 2026.

I took profits on Micron as it stopped out this week when the price dropped.

Micron price dropped this week.

I also sold some of my smaller holdings to crystalise some cash to buy the new stocks.

Gold, Silver and Copper miners

I am quite heavily invested (17%) into Gold, Silver and Copper miners - approx. £30k of my £180k portfolio.

These are not doing well at the moment. Central banks have been buying gold a lot over the last five years but it seems more people are selling gold than buying it!

I still think copper will improve and gold will go up slightly. I am not so sure about silver.

My plan is to slowly rotate out of these stocks if I need the cash to invest in other things. At the moment they are acting as a hedge. If I sold now, it would be for a loss. As Fed interest rates go down, gold should improve. If/when the Iran trouble is settled, gold price should improve. Things are just very unsettled at the moment!

Sometimes, I think I should just buy a few global/world ETFs and chill... but where's the fun in that?

When the Sh*t hits the fan...

There are a four areas we can move money into if equity prices start to plummet in a crisis:

• Gold and gold mining stocks
• Managed Futures ETFs such as DBMG
• Farmland REITS - e.g. LAND (US)
• Long term treasury bonds TLT or treasurydirect.gov 

There’s a strong, regularly observed relationship, mainly through real Treasury yields (yields adjusted for inflation):

• When Treasury real yields rise (bonds become more attractive in real terms), gold often falls or struggles, because holding gold yields nothing.
• When Treasury real yields fall, gold often rises, because the opportunity cost of holding gold drops.

Gold also links indirectly to Treasuries via:

Inflation expectations: If nominal yields rise because inflation expectations rise, gold can be supported; if they rise because real yields rise, gold often weakens.

USD strength: Treasuries are a “risk-off” funding/flight-to-safety trade; stronger USD tends to pressure gold (priced in dollars).

 

When gold is weak, it’s often because real yields are rising (or expected to rise).

Risk-off vs growth: In crises, both gold and Treasuries can rise together at times (safe haven demand for both), so correlations can flip depending on what’s driving bond moves.

Note: This is not investment advice. My Trading 212 portfolios are not my only investment portfolios -T212 is not even my main investment account, so do not follow my T212 trades. The average investor should invest at least 80% of their investment holdings in a few good global ETFs.

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