Thursday, January 8, 2009

Dr. Doom Faber

http://www.bloomberg.com/avp/avp.htm?clipSRC=mms://media2.bloomberg.com/cache/vFxGybnAJsiA.asf
Highlights
3 months of 'good' news followed by more drops.
Obama plan is only temporary help. Likey to be a disaster.
If you can not live with the downside go somewhere that has planned economy in place.
Buy Gold now. Target rate of 25% increase.
Gold Mining shares beat down may be a good buy.
Look for a rally in other oversold metals.
Long Term demand for Oil is there, will go up.
WWWIII !?!?! China and Russia will oppose any American success in Far East. In short geo-political conflict will drive oil higher.
More money equals a survivor. Intel, Cisco, Microsoft and Oracle.
Asian Companies now at a level not seen in years. Great buying chance.
April will mark the peak for the current rally, then a big drop.
Long Bearish, Short Treasury Bonds.
5 years of recession.

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