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To: 101voodoo
Smart investors are taking advantage of commodities right now. Buy grain, Oil and Gold as fast as you can, in other words.

There will be little left of producing industry in the USA after Obama gets done. We have fallen to only 15% production based, from our former 90% production based economy. We are now 85 to 90% service based. (Which is unsustainable in rough economies.)

Foreign manufacturers will benefit most, as will former US companies who relocate in other countries. Oil Companies are moving to places like Dubai and Singapore in large numbers.

Oil will hit $85 to $100 per barrel before the year is out. Gold will go over $1,000 rapidly, as the effects of monetizing our currency and printing greenbacks kicks in later this year. It will be commodities and foreign markets that will keep the markets in business and the numbers we see now, are somewhat the result of that currently happening.

70 posted on 06/05/2009 7:36:51 AM PDT by PSYCHO-FREEP (Give me LIBERTY or give me an M-24A2!)
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To: PSYCHO-FREEP
Americas debt load is going off the charts. Which of course is a green shoot for Wall Street based on the markets continued rise.


72 posted on 06/05/2009 7:41:29 AM PDT by jwalsh07
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