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Contributing Editor

1 Comment January 4, 2009 – 12:52 am |   | Permalink |  Print This Post |

Hi all I will be writing regular columns on this site about where I think the markets are going. I along with the inflationist are both strong believers in what’s coming up next: hyperinflation. The important thing is to selectively accumulate during the next couple of years when the world is still deleveraging and people are still focused on falling asset prices and poor economic outlook. I have accumulated a small portfolio (see ’shares trading close to cash-backing’) over the past few months. Right now though I’m taking the advice of Jim Rogers and am resisting the temptation to buy when the markets are going up. There’s a bear market rally underway which I think could last until March or so. Maybe longer. But it will fall again. So I am going to sit on the sidelines until the next crash. The only thing I’d buy right now are utilities. These companies have government regulated gauranteed revenue (notice your electricity bills going up all the time?) and with interest rates going to zero all around the world utilities will be sought after for their dividend yields. I think this is the sector that’s going to do the best over the next 6-9 months.