jse17

MXI: For Investors Looking to Catch the Global Materials Sector's Recovering Momentum

A wonderfully astute mentor taught me many years back that when we know something, anything, or everything, the exact opposite is far more likely to result e.g., a rampant asset bubble looms directly ahead. Additionally, the NR and materials stocks have enjoyed very nice gains and are anything other than cheap ATPIT!

Paraphrasing, it perhaps is a great time to unload on the unsuspecting under the guise that, “we all know XYZ!” Supporting this thought, which of the 3-generally accepted inflationary prerequisites are currently or reasonably near term foreseeable in play:

1) Easy Consumer Credit

2) High Demand

3) Full Employment?

To each his/her own and best of luck to all.



On Aug 07 03:53 PM Robert Martorana wrote:

> Since monetary and fiscal stimulus are pushing us into an asset bubble,
> an ETF in basic materials makes a lot of sense. The MXI is a great
> way to play the reflation rally, while also hedging against inflation.

Blackrock Energy and Resources: One Stop Shopping for Energy Exposure

I agree with your presentation! As my lawyer states, however, timing is everything. The discount has narrowed precipitously from the low 20s to yesterdays -3.59% numeric as you noted.

After declines of this magnitude, I personally have found it difficult to make significant profits. In fact, at discounts in the 3s or less, a wonderful opportunity exists to take profits and switch to a global energy ETF or a well run OEF as Vanguard's Energy Fund - VGENX.

Let the buyer beware when discount drops as described are in place. I enjoyed your article.

www.closed-endfunds.co...

Safe Haven Investments: Imminent Danger and Opportunities

Mark,

Your comments on Noah’s Ark are noted. As a physics PhD candidate and an extraordinarily bright, insightful, and discerning individual what are your thoughts relating to the fact that 72% of Americans (not a typo) believe Noah’s Ark actually existed?

Commodity Roundup: What To Be Bullish On Now

"OMG, don't let Gary North see your "manipulation&quo.... comments on PMs.

Spot on and no question, Gary is one of my favorite dead comedians!