Taikun,
Thanks. When I will re-acquire appetite for commodities I will look into MSB.
I cashed in my NG profits recently and am planning to invest them away from USD and excitement. I already bought some uninspiring issues in Asia and Europe which I will convert into local currencies on first sign of misbehavior. So, with safety thru diversification in mind, I am thinking of adding something related to Japanese real estate which I believe went thru the ringer already. So far I identified the following candidates: Daiwa House, Mitsubishi Estate, Mitsui Fudosan, Sekisui House, Sumitomo Realty&Development. To complicate matters, I just noticed, that Byron is trying to scare me with this prediction:
6. Japan slips back into recession as the yen strengthens and exports to China prove inadequate to keep the economy going. Investors begin to question the ability of Japan to thrive as a high-cost producer in a low-cost region. The Nikkei 225 approaches 10,000 again.
On the other hand his idiotic prediction #7 gives me hope:
7. Vladimir Putin’s hard-line policies finally prove too much for the Russian people. Revelations of widespread corruption on top of the Ukraine election controversy precipitate a second Russian Revolution and Putin resigns. The economy slumps, the ruble weakens, and the Russian market declines 25%.
What do you think? (about Japanese real estate, not Putin).
Cheers,
rz |
