Expert Commodity Picks for 2009: Jim Rogers and Marc Faber [View article]
I think commodity stocks are stupid cheap right now, so cheap I canceled my cd and invested all my money into the market and so far have bought Peabody Energy(BTU), Consol Energy(CNX), US Steel(X), and Dryships(DRYS).
I'm confident that coal will pay off in the long-run, especially with the China demand, however, I know it would be wise to add natural gas to my portfolio, and I'm waiting on the sidelines to buy Chesapeake Energy at a lower price(I'm hoping the DOW will go below 8500 in the next two weeks).
However, I am considering investing in the Russian natural gas company--Gazprom(OGZPY... which is a monopoly, but I'm not sure if investing in something the Russian Gov't partly owns would be a good idea...what do you guys think?
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I think commodity stocks are stupid cheap right now, so cheap I canceled my cd and invested all my money into the market and so far have bought Peabody Energy(BTU), Consol Energy(CNX), US Steel(X), and Dryships(DRYS).
Jan 05 00:45 am
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All Comments by Coal Monster »Expert Commodity Picks for 2009: Jim Rogers and Marc Faber [View article]
I'm confident that coal will pay off in the long-run, especially with the China demand, however, I know it would be wise to add natural gas to my portfolio, and I'm waiting on the sidelines to buy Chesapeake Energy at a lower price(I'm hoping the DOW will go below 8500 in the next two weeks).
However, I am considering investing in the Russian natural gas company--Gazprom(OGZPY... which is a monopoly, but I'm not sure if investing in something the Russian Gov't partly owns would be a good idea...what do you guys think?