The U.S. Dollar Decline
I am 90%+ in Canadian Gold, Silver, and Energy stocks, (some copper, lead, and zinc are also contained in the ore). I own TXCO and AEZ U.S. oil/gas. A little Yara in Oslo.
The average person in this country has no idea that their savings in cd's and balanced mutual funds is actually losing wealth now. If you take their savings value compared to grains, metals, oil/gas, "stuff", over the past 2 years, they have lost 50% of their wealth in many comparisons.
$100,000 2 years ago would buy 50,000 bushels of corn, today it is 25,000. Would you have been better off owning corn? You would have been better off to own just about anything real, "stuff" as I like to call it. Oh, EXCLUDING residential housing! But farmland is a different story.
When people wake up to these facts, "stuff" has a lot of room to run further. Yes, there will be pull backs, and yes Wall Street HATES "stuff", and yes the dollar will dead cat bounce. But those of us invested in commodities are smiling ear to ear.
The VMC Energy and Junior Miner boards have some great picks going. The ibox's list many of them.
GET YOUR STUFF! The dollar is becoming a hot potato that nobody wants to hold.
Good Luck!
Kipp
