Thursday, October 11, 2007

Some Stocks To Watch

Inflation is picking up people gold is 753 dollars an ounce the highest ever and the dollar is at an all time low a recession is on the way if not it's here already people aren't shopping too much this Christmas and the consumer makes up 2/3 of the economy. Stay away from all retail stocks and buy gold mining stocks like Barrick Gold - [abx] as inflation rises and the dollar falls barrick gold will continue to rise even in a recession there is money to be made there is always a bull market somewhere you just have to research the companies on the market. The companies on my buy list are

abx - barrick Gold
pwe - Penn West Energy Trust
lmt - Lockheed martin
fro - Frontline Limited

There is also a new ipo - [initial public offering] you should keep your eye on
cml - compellent technology with the success of the vm ware ipo [up almost 250%] this should get a good spike upwards its already spike up 70%.
Invest people or find yourself homeless from all these foreclosures and broke from all your bottle popping and Bape and iphone buying LMAO.
Remember the Golden rule people he who has the Gold will rule.