Tip, Actually, commodities are safer than stocks most of the time. The difference is the leverage folks use to buy commodities. With modest sums, they aren't very reasonable concepts unless you leverage, which I do not recommend. Most contracts are in the $30,000 to $100,000 range if fully margined.
We were talking earlier about Titanium, which I also like. Less than I like the platinum complex, because too much depends on airplane being built. But I haven't found my vehicle yet. I am looking at TIMT, but haven't received my packet yet.
I like copper at these low prices, near yearly lows, and I don't see how they plan to build all those new houses without plumbing. <G> In this area, I kind of like Freeport McMoran Gold and Copper, which is not only down because of metals prices, but because Indonesia hasn't been the most stable govt. in the world. A double blood in the streets scenario.
MB |
