Jay/Dolinar,
Thanks for your inputs.
I've just read about a Briton being killed in Saudi Arabia in a car bomb explosion, which does not sound good at all.
Meantime, it might interest people to know that there are oil plantation stocks here in Malaysia which are still selling at PER of around 13, historical. Now, the palm oil price has shot up from some RM 600+ to RM 1,400+ per ton, an amazing inflation factor considering most of the increase came within the past 5 months. Although less dramatic, natural rubber has also been hitting similar %increases.
I wonder why, but all the same, it feels like inflation is creeping up on the commodities front, even if everywhere one reads, the prognosis is for deflation worldwide.
Also, the Euro is ascending like a rocket, giving a less than stellar vote of confidence on the G8 Finance Ministers' meeting, and the upcoming Summit.
What does one do....all so confusing, and so dramatic, in such short time.....sleepless nights.
Thanks again,
Selva |
