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cbwang888 (29.79)

Crude Oil will be $100 by the end of the year.

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June 25, 2009 – Comments (6) | RELATED TICKERS: ERX , UYM , SRS

 

Real assets and commodities will fly as the world is flooded with paper currencies, especially USD. Inflation will bcome an issue for Federal Reserve very soon.

Geez, people who save money in their banks actualy got punished more than those rectless spenders?

My strategy of longer term trading: Buy commodity stocks and short banks and REITs.

6 Comments – Post Your Own

#1) On June 25, 2009 at 12:40 PM, kdakota630 (99.96) wrote:

Sounds quite similar to my strategy.

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#2) On June 25, 2009 at 12:43 PM, nottheSEC (72.43) wrote:

IMHO--->BUY Oil and Silver Short Hotel REITS

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#3) On June 25, 2009 at 1:35 PM, cbwang888 (29.79) wrote:

Just thumb up UCO

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#4) On June 25, 2009 at 9:21 PM, kaskoosek (99.78) wrote:

Why Reits???

 

My oppinion is to only short fixed income.

 

Equity reits are a bargain right now. You guys are crazy.

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#5) On June 25, 2009 at 9:25 PM, kaskoosek (99.78) wrote:

DO NOT THUMB UP UCO.

 

I can understand silver or gold, but going long oil right now is stupid. There isn't that much demand for oil right now. Whatever the quantity of paper currency. This is like saying a bottle of water will cost a grand.

There is a limit to oil demand, while there isn't a limit for precious metals. Shame on you. :D

 

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#6) On June 25, 2009 at 10:34 PM, cbwang888 (29.79) wrote:

 

The governments around the world are printing $$$ to stimulate their own economy. They aren't printing them to buy gold. Gold is for speculators to protect themselves during the inflation era and the deflation of paper currencies.

Oil and basic materials will rally because they can be STOCKPILED just like GOLD. They will be in need for use when the economy come back up, or when things get worse and the world turn into a mess (like wars), you know what is the safest bets then ...

 

 

 

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