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Gold/Mining/Energy : Oil Sands and Related Stocks -- Ignore unavailable to you. Want to Upgrade?


To: TheSlowLane who wrote (281)3/20/2005 2:23:56 AM
From: Taikun  Read Replies (1) | Respond to of 25575
 
TSL,

Listening to Jim Puplava this weekend, one of his recommendations on a defensive portfolio was energy and energy trusts, in addition to gold, PM stocks, foreign currencies and bonds.

I hope their right. My friend is a financial advisor, I asked him what he sells his clients as a 'financial collapse' portfolio, he says Gov't of Canada bonds, trusts. I then asked him what *he* would do, he says a cabin in the wilderness, dried food and a shotgun.

I guess his own portfolio doesn't generate as much commissions, and it made me think of how any financial advisor (including Puplava) is going to answer that.

I don't think my wife will let me store barrels of light sweet crude in the carport but the thought has crossed my mind. Contango does that to you.

D