Seeking Alpha

E.D. Hart » Comments » CNE

  • Who's to Blame for the Commodities Boom? [View article]
    The authors article is dead on. People are protecting their wealth by buying the commodities boom.

    What is a speculating anyway?

    Someone who thinks they know where the price is going to be at a point of time in the future. It has always been thus.

    I own 80% of my portfolio in long commodity based equities, and I'm outperforming the market, plus a few ETF's that are long silver and gold.

    Is this specualtion? Of course it is.

    Do I contribute to the problem? Incrementally, yes.

    Is it rational, right, and legitimate to do so? Well according to some yes, others no.

    The US government, and the current neoconservative cabal is anticonservative in the cpaital markets in ways that no other group has been in American history.

    Without commodities in my portfolio, I believe strongly that great wave of inflation currently hitting our economy would prevent me from ever retiring, or preserving my wealth.

    If the worlds average Joe is the one bearing the cost, well, diversify your portfolio friend.

    Unhappy about the price of gas? Buy oil/gas stocks with good growth profiles: DVN, CNQ, and PWE are a few of my favorites.
    Apr 16 15:09 pm |Rating: 0 0 |Link to Comment
More on CNE by E.D. Hart
Comments by Ticker
AA, AAPL, ABGOF.PK, ABM, ABX, ACV, ACXIF.PK, ADP, ADRA, ADRE, ADZ, AEM, AGA, AGG, AHBIF.PK, AIG, AMR, AONE, AOS, APA, ASA, ATW, AU, AUY, AVP, AWF, AXP, BA, BAC, BDX, BG, BGG, BHI, BHP, BMI, BND, BP, BRC, BRK.A, BRK.B, BSC, BYDDF.PK, BYDDY.PK, C, CAT, CDE, CDOUF.PK, CEG, CEO, CHCG.OB,
E.D. Hart's
Comments Stats
273 comments
Rating: 341 (445 - 104 )