Don't Get Trampled on Black Friday - The Best Bargains are in Commodity Stocks
Don't let this be you, Fools!
Given the state of the economy, I can't help but wonder whether the incidence of tramplings will be up or down this Black Friday. The sense of desperation to find the best bargains will likely be heightened, but I project that a big chunk of that wholly American consumerist mania will have diminished abruptly from recent years. If you do have to go shopping Friday, please remember to pick up the old lady on the ground in front of you before hurtling over her for that $300 laptop.
In any event, some of the best bargains I've ever seen are freely available to internet shoppers this year... and they're stocks. Personally, I feel that commodity stocks across the board have been sold off to entirely unsustainable levels that completely disregard the likelihood of some measure of recivery among the emerging economies as well as the impact of hyperinflation as the U.S. dollar tumbles under the weight of all these frightening interventions by the Fed and the Treasury.
If there is any follow-on Monday to the impressive commodities rally on Friday, then I think buyers will continue to come out in support of these insanely cheap stocks. Please do your own due diligence, but I think finding unbeatable bargains among commodity stocks is as easy as taking a cheap DVD player from a shopper with poor balance [joke too tempting to avoid, although I of course hope shoppers will instead exhibit some Christmas spirit]. I believe gold and silver miners are in the best position of all, but remind Fools to look carefully at balance sheets for some measure of protection from the credit crisis.
Happy shopping from home, and Happy Thanksgiving to you all!