The next financial meltdown

Now that the commodities correction is behind us, who will the next victim of financial chaos? My bet is on Leahman but then what do I know.

The dollar is once again dropping as we write. So where does this put bonds? They should be imploding as well. However past concerns were averted by jumping into bonds. this time it will not help as investors scramble to find safety.

What most do not realize since their information comes from the entertainment channels is that none of the regular investments are going to work. Commodities is the place to be and so far these investments are merely exotic tools for the rich. well why do you think the rich are in them....

I am sure just as we were sure of the correction that commodities will be the next bubble. It is far from a bubble now, but as more common folks see where the action is and see that they are getting slaughtered in the usual hyped wall street junk, they will coming running. when they do, expect severe run ups and severe drops.

Until then, we will quietly amass positions.

P.S. we got such a good price on our XLE and TLT that we rolled yesterday to Oct. Once again we take what the market gives us.