INVEST IN SHANGHAI STOCK MARKET
LOW AT 2000
Investing in China now would be the Contrarian thing to do, yet I’ve begun reading how funds are flowing again to the country through the Hong Kong h-shares. In most of the forecasts I’ve begun hearing on 2013, many analysts are suggesting investing abroad as opposed to the US. That seems like good advice right now based on our issues with the Fiscal Cliff and the Federal Reserve’s QEfinity plan. As my Uncle Bill Puplava has told me, “Sometimes I pick bottoms…I just follow fear.” There was plenty of that a few weeks ago with the stint below 2000. Capitulation may be at hand and already the bullish calls are being made like in Tom Demark’s comments last week.
posted by Dil at 5:49 AM 