Big Dog's Boom Boom Room Message Board

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Gold/Mining/Energy : Big Dog's Boom Boom Room

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To: Broken_Clock who wrote (87010)	6/30/2007 2:13:39 PM
From: Tommaso	Read Replies (1) of 206214

>>>That may be...but the same can be surmised right here at home. The financial engineering train is coming to the end of the track. Housing is dead. A drop by the Fed in rates and the dollar will evaporate causing oil and commodity prices to skyrocket. There is no cheap oil to bail out the USA. I don't see many folks lining up to volunteer to go overseas and fight for it either. With personal savings at an all time low the public is in deep kim chee. What's your solution?<<, BB may have another answer; my solution is to be debt-free; long oil (especially tar sands), natural gas, and uranium--mostly denominated in Canadian dollars; long agricultural commodities (DBA); and short the general financial markets using leveraged bear funds. Also 5% Swiss Francs and Euros and 10% gold.

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