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Jim Letourneau's Blog

Investing, Technology, Travel, Geology, Music, Golf. I think that covers it.

Opportunity

I have hinted a few times that "fresh money" either from selling out of underperforming technology stocks or profit taking from high flying energy names might be put to good use in gold and silver.

Mary Anne and Pamela Aden have just put out a piece on the macro forces of China, terrorism and changing weather patterns. Rising commodity prices are always accompanied by global conflict. Although it might be called a "war on terror" there is no denying that oil is a factor in the United State's decision to invade Iraq. China is creating global tension by its efforts to secure supplies of raw materials and its position on Taiwan.

We can't do much about global politics or the weather but we can manage our portfolios and position ourselves to profit from rising commodity prices.

Not Advice

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