Dan, I think the election took the Israeli market out and shot it, so I don't know if there are too many fat stocks to short over there now. But I don't follow it closely, either. First Israel is down 5% for the past year, so it is not exactly looking toppy.
I love Debeers and have owned it a hundred and twelve different times in the past. But it is at a new high with the Anglo American merger talks, so I wouldn't touch it here. If the deal flops, the stock will be a hurting puppy and if it goes through, Anglo is not exactly known as a big spender.
In wartime, it is always nice to own a piece of Swiss Helvetia (SWZ). The Swiss market is a bit pricey, but it'll get pricier if assets are taken out of wartorn countries. And as many Holocaust survivors have discovered, it isn't all that easy to get the money back once it gets into Switzerland.
And I always like ASA as a co. and right now, it is selling at a huge discount. Still, it has risen a bit since the Debeers takeover story, so you are not getting a super bargain. |
