The bull may be down, but it's certainly not out. Now is the time to take the bull by the horns, without hesitation, or you're sure to miss out making big gains over the next few months.
What do the "fiscal cliff", "bird flu" and "peak oil" have in common? They're all a bunch of overhyped BS intended to cause people to be fearful and make poor decisions which benefit the tiny minority who either initiate these lies or are logical enough to see through them and take advantage.
Buying commodity producing funds such as (NYSEARCA:GDXJ), (NYSEARCA:KOL) and (NYSEARCA:SLX) at recent prices will surely yield returns of more than 25% over the next two to six months as the bull market that began in 2009, makes one last "unexpected" wild rally.
While another bear market is sure arrive (next year) and it's critically important to be prepared for it when the time comes; now is the time to be bullish.
Over the next few weeks, we can expect the U.S. dollar to drop and money to begin flooding out of the over-bought U.S. Treasury market (NYSEARCA:TLT) and into stocks of all varieties. Since commodity companies have declined the most in percentage terms and because they benefit from a weaker dollar, we can expect the commodity sector to offer relative strength.
The last couple of weeks have offered such amazing buying opportunities that I'm now "all in" and suggest you follow suit, immediately. In 2-6 months you can thank me and send me photos of the vacation you bought with the extra money.
And I must give credit where credit is due. My main source of reliable market data comes from Steven Kaplan in his "True Contrarian" newsletter. If you want to know more detail as to why I have made the statements above, I suggest you tune into Steve. He's a great guy to have in your corner.
Disclosure: I am long GDXJ, KOL, SLX. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.