BT's strongest recommendations are as follows:
• Prepare for rising inflation – continue to buy Gold & long Crude Oil;
• Sell government bonds;
• Look for valued strong stocks – Oil & Gas / Plantations are two sectorial examples, and in constructions we like IJM & YTL. Property picks are UEMLand Mah Sing. Infrastructure YTL Power & Puncak.
• Deploy cash wisely – our current favourites are, believe it or not, the British pound; the yen is weakening, but at 100 yen and below to the dollar it is a buy again. MYR is a longtermterm BUY consideration.
• Avoid the US dollar and the Euro.
ZLBT Chats
Sunday, March 8, 2009
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i would agree on the everything mention above, but i dont think gold is a wise choice, unless u sell fast
ReplyDeleteWell M-Inc,
ReplyDeleteONE wrong out of 5 rekomen is not too bad, is it?
hehehe!!!
Anyway TQVM for your valuable comments.
But ZL adamant GOLD is still a BUY over the long term. Won't be long GOLD may break recent high $1032 >>> maybe in a month?
GOODLUCK2UR INVESTMENT
Regards,
ZL