Time to Buy China, Copper, the Canadian Dollar and Oil [View article]
If you beleave that there is no more cheap oil being found, then the Canadian dollar is a good long term bet, because it's a petro dollar. I would also agree that China is another long term play because it's in the early stages on it's development the same way the US was in the last century. The US is in deep debt, and can't affort it's health care, and pension committments in the future. Unless it exports more goods than it imports, ( not likely ) then the tax rate will have to rise to fund these programs. The point is that you have to look at other areas beside the US market.
Time to Buy China, Copper, the Canadian Dollar and Oil [View article]
Canadian dollar is a good long term bet, because it's a petro dollar.
I would also agree that China is another long term play because it's
in the early stages on it's development the same way the US was in
the last century. The US is in deep debt, and can't affort it's health
care, and pension committments in the future. Unless it exports
more goods than it imports, ( not likely ) then the tax rate will
have to rise to fund these programs. The point is that you have to
look at other areas beside the US market.
Picking Some Stocks to Survive This Market [View article]