Traded preffereds for last 2 years (did well 15% - 20%), however too many chasing yield and rates have gone down and with no volitility (thanks Ben) so I can't buy at discounts to PAR, so i need to find a new trade.
Not real good with following the sheep - so I'm looking at GLD and some MLps (NTI)
NTI looks good. It's the refiners profit time now as oil prices should fall, thus widening the crack spread between oil and gasoline/diesel. The US is ramping up exports of refined products which will not create excess fuel inventory here. The US has to ramp up energy infrastructure spending!