Mining Sector Ideas

[bigworld]

gfp : Cash is not a bad route to take. A least you sleep better. I expect a lot of volatility this year and into next year. The markets could go higher if the Fed buys enough Treasuries to suppress interest rates. But job losses are mounting. The economy is weakening. Take away the contribution of all the deficit spending and GDP would be negative. We are entering an era of Stagflation. Hard assets have, in the past, done well in that macro scenario. Despite the sell off in Gold is does seem to be holding the $2300 level, at least so far. I like having some high dividend paying hard asset or pipeline plays like ENG and RIO. The yields are higher than you get in MM funds or Treasuries. And in the long run those types of stocks tend to do well in stagflationary times.