Beat the Panic With Commodity ETF's - Major Action Alert
Commodities / Exchange Traded Funds Mar 10, 2008 - 03:27 AM GMTSean Brodrick writes: These commodity markets are going wild, and I'm responding with major action — new commodity ETF recommendations I'm going to issue by mid-week, probably Wednesday. If you want to jump in, I must hear back by Tuesday.
Think the recent price explosions have been climactic?!
Hah!
The flood of money from paper assets into gold, silver, oil, wheat, platinum, and almost every commodity under the sun is just a trickle in comparison to the tidal wave I see coming.
Just look at the big hits people are taking on traditional investments that they've got so much money in ...
Muni bonds are getting absolutely killed! People thought they were "safe." Man, were they wrong! Some muni investments have lost more than half their value in a matter of weeks.
Government-sponsored agency bonds like Fannie Mae, Freddie Mac, and Sallie Mae are now being dragged into the mortgage and loan catastrophe!
U.S. home equity is vanishing! For the first time since the Federal Reserve started tracking the data in 1945 — more than a half-century ago — the equity in the average American home is now less than half of what is owed on those homes. Nearly nine million families owe more than their home is worth!
Home foreclosures have just doubled to the highest in history! Even middle-class families with good credit and the ability to pay their mortgages are abandoning their homes in droves. Imagine what's happening to people who can't pay!
Jobs are disappearing! On Friday, economists were expecting to see 23,000 more jobs for February. Instead, they were shocked by the news of 63,000 fewer jobs.
The Fed is panicking! With the next Fed meeting just nine days from today ... and with most investors expecting — even demanding — at least a three-quarter-point cut, the Fed announced a whopping $200 billion in new dollars to be pumped into the economy. Wow!
U.S. dollar in freefall: Proving that global investors are not dumb — that they clearly understand this blizzard of horrific economic news means Washington will gut the dollar in the weeks ahead — they're already beating the greenback to a pulp.
So with all these traditional investments getting killed ... with the Fed pouring in hundreds of billions of more cash ... and with the dollar collapsing ... where do you think all that money is going?
Bulls eye! If you guessed commodities, you guessed right! In fact, in just the last few days ...
Oil blasted through its 28-year-old inflation-adjusted highs without so much as looking back, hitting an eye-popping $106 a barrel.
Gold prices exploded higher, moving within $8 of the never-before-reached $1,000 mark.
Copper exploded to a new all-time high of over $4.00 per pound.
The CRB index is beginning to look more like the trajectory of a moon rocket than a mere price chart.
This is no mild-mannered inflationary spiral, my friend. Just compared to three months ago , the U.S. dollar buys 19% less in terms of commodities. Heck, at an annual rate, that's the equivalent to an inflation rate of more than 70%!
The things you buy at the grocery store ... for transportation ... to heat and cool your home ... and every foreign-made product at Wal-Mart is soaring in price.
Now, for the good news: Opportunities to profit from this great super boom in oil, gold, silver, platinum, copper, food and other commodities are now far more accessible than ever before.
Now, a whole new kind of investment vehicle makes going for huge gains in commodities as easy as buying shares in IBM or Microsoft.
I'm talking about commodity ETFs . And as I told you at the outset, I'm getting ready to take major action to recommend a whole slew of them this week, when I get the little correction I'm looking for.
I've posted a complete list of commodity ETFs on my Web page. Plus, my Web page tells you exactly how to jump in to harness this powerful commodities superboom. Just click here .
Your Deadline: Tuesday, March 11. Sorry, there's no way I can wait beyond that!
Yours for trading profits,
Sean
This investment news is brought to you by Money and Markets . Money and Markets is a free daily investment newsletter from Martin D. Weiss and Weiss Research analysts offering the latest investing news and financial insights for the stock market, including tips and advice on investing in gold, energy and oil. Dr. Weiss is a leader in the fields of investing, interest rates, financial safety and economic forecasting. To view archives or subscribe, visit http://www.moneyandmarkets.com .
Money and Markets Archive |
© 2005-2022 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.