New Century Financial Corp (fka NEWCQ)

[bitter_genius]

Discovery (OT?)


Have you considered Precious Metals or commodities in general?

Gold has historically been a good hedge against inflation plus with the long term downward trend of the USD likely to continue with worsening trade\current account deficits you're hedging against that too.

Silver is more of a supply and demand play plus there are massive short positions in silver that could well start to be covered if there is a general move to Precious Metals. Silver is also considered by some as money (just like Gold) so you see a high price correllation between Gold and Silver but with Silver usually outperforming.

The Gold and Silver mining stocks have taking a beating like most of the stockmarket recently so you might find some rich pickings there if you'd prefer to stay in equities but benefit from high commodity prices. You can get Gold and Silver ETFs too.

Take a look at www.kitco.com for commentary and info.

Regards



BG