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Politics : American Presidential Politics and foreign affairs -- Ignore unavailable to you. Want to Upgrade?

To: haqihana who wrote (2989)	1/9/2006 3:36:08 PM
From: Peter Dierks	Read Replies (2) \| Respond to of 71588

By resource denominated securities I mean any security that fluctuates with a resource price. Gold mining stocks are the classic example of this. I own BHP, CHK, FDG, NEM, PAAS, RYN and SJT. SIL is another popular one. I own more than that, but those are some of the blue chip resource stocks I have invested in. BHP Billiton is a mining company. FDG Fording Coal is shipping coal to China and fast a CNI can ship it. NEM Newmont mines is one of the best gold mining stocks. PAAS, SIL, CDE, IGE and many more are silver mining companies. San Juan Trust is a propane trust configured to pay our the royalties in the form of dividends as fast as they are earned. FDG and SJT surged 20% after Katrina, they have fallen back since energy prices declined. RYN Rayoneer and Plum Creek are the two big well run American timber companies. I used to own Weyerhauser. If the dollar falls, most resources rise to cover the increased cost of importing the resources. In a cyclical market, these can be very rewarding. If America were to eliminate the deficit and start paying off the debt, I would be less inclined to invest in these types of securities.