Friday, August 01, 2008
My holding as of Aug 1, 2008
I still believe that the dominant theme for investing over the comming years will be in gold (de-valuing of US dollar) and other commodities. If the global economy resume it's long term growth trend, a sustained growth, then that would drive up prices in all commodities. Minning stocks would benifit from growth in the emerging China and India. If the global economy goes into a recesion, commodities will fall steep.
But, now it looks like a healthy bounce-back rally is occurring...
