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It's a speculative play to buy Fannie Mae and Freddie Mac right now, but keep in mind, that the mortgage crisis isn't over by a long shot.
Sep 08 13:25 pm
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All Comments by fuzzywzhe »What To Do About Freddie Mac and Fannie Mae [View article]
I bought ABK at 2.20 and sold at $5 doubling my money, but I won't buy FNM or FRE even at these levels. Although the bonds can't go to 0 now, the stock sure can, and the dollar can now as well.
Silver and Gold are ludicrously cheap. I think I'll buy those, if I can find anywhere on the planet I can buy them. But only tin foiled hat nut types think there can possibly be a shortage, or that the metals have been withdrawn from the market to prevent investment.