Thu, Dec 25, 2014, 12:23 PM EST - U.S. Markets closed for Christmas

Recent

% | $
Quotes you view appear here for quick access.

Templeton Emerging Markets Inco Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • mdenn101 mdenn101 Nov 20, 2003 11:42 AM Flag

    If The Dollar Goes Down A Lot More....

    It is up nicely from it's lows, which leaves me wishing that I had bought more earlier, but it is nowhere near it's 5 year highs http://www.quicken.com/investments/charts/?p=BHP&tag=1 even though the prices for it's products are much higher than when the stock traded at $25/share. BHP and RTP are the largest and second largest mining companies in the world respectively. I don't think that I am smart or lucky enough to know which metals will continue to rise, so I play the falling dollar and rising Chinese demand through the large diversified mining companies. If we continue to see a shift in investor interest from financial assets to tangible assets, all of these firms will prosper. Even with the weakness of 2000-2002, the Dow still sits at 12 times it's 1982 level, while, adjusted for inflation, commodities are still historically cheap. I am betting that the bull market in commodities and the bear market in paper assets has several years to play out.

    By the way, I forgot to mention US firms that derive much of their revenue from foreign sales as a play on the falling buck. My favorite has been Altria, but it has risen recently.

 
TEI
11.43+0.10(+0.88%)Dec 24 1:02 PMEST

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.