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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: re3 who wrote (66935)	10/22/2003 1:07:37 PM
From: Real Man	Respond to of 94695

Cows? or... a warehouse full of copper - that's a good suggestion! -g- Seriously, if you are considering copper, think silver - silver is an industrial metal. I'm about 95% in gold, silver and gold and silver stocks. I don't play anything else, as I think this group will benefit the most. It's a risky bet, though. But my job is USD-denominated, and I need to hedge -ng- Canuck buck, Aussie buck, etc. I think in case of fast collapse bonds in these countries may benefit. But I'm not so sure about that! They would, if US were just some other country, not G1 country, and USD was just some currency, NOT the major global currency. If rates rise in the US, other rates may follow. If US decides to devalue USD, other CBs will print. And, paper is always paper. This is what we are seeing right now. So, short-maturity government bonds that are canuck buck, Aussie, or Euro-denominated will benefit, long-maturity may suffer! Also, while gold stocks are risky, and fluctuate wildly, gold itself (if you keep it in warehouse, not with the futures broker -g-) is a hedge against risk. Another option is a warehouse full of physical silver. I think the rumors of lack of silver may be true, then silver will benefit enormously. Perhaps, rising to 1:16 ratio to gold. So, how about buying your silver here for $5, selling it for $200 7 years later? Seems like a good investment to me! Silver stocks? Oh well, they are even more volatile than gold stocks. They crash 50% in one month, then rise 200% in another. Do you have the stomack for it? With the physical (at $5), your risk is 20%, at most. I think buying physical silver HERE now is better than silver stocks, since stocks rallied very considerably. BWDIK?