James Turk: "The coming collapse of the dollar and how to profit from it"
(US Gold Reserver)*(Gold's Market Price)/M3 = Fear Index.
http://news.goldseek.com/GoldSeek/1144015820.php
http://www.goldmoney.com/
How other assets will fare in a currency crisis:
1. Cash: Down with the dollar;
2. US bonds: The worst possible place to be;
3. Foreign bonds: Early winner, late loser;
4. Real Estate: Not this time;
a. Prices are sky-high;
b. Home equity at a record low. 70s, Americans owned 70% of their homes, and owned the bank 30% of their home value
c. Mortgage rates are at lowest level;
5. US Stocks: a falling dollar equals rising exports;
a. US companies such as gold miners and resource companies, commodity producers and farmers. The only thing holding farmers back was a shortage of railcars to transport their products to major ports. So look for a boom in demand for new transportation capacity and soaring railroad profits. Same applies to copper, zinc, etc. The best bet is an "inelastic supply curve" which means they are unable to quickly ramp up production of whatever they are selling.
b. US manufacturers benefit from falling dollars are companies in BUFGX and DGAGX mutual funds
c. But all bets are off when the crisis goes global.
6. Debt: To leverage or not, that is the question.
7. Short Selling: a. Importers;b. Financials; c. Home builders
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