Besides my precious metal core holdings (which, like my guns, you will pry only from my cold dead hands) , this bullshit dollar run up also beats down those formerly appetizing “Emerging Market” darlings. [[EEV]] is a nice way to get yourself a piece of that deteriorating action.
I’ve owned this one in size since mid-June, thanks to a heads-up from Le Fly, who I think liked it as a fade on some of these momo Brasilian names like Pabst Blue Ribbon (Petroleo Brasileiro SA (ADR) [[PBR]] ). Guess what? EEV works great as a dollar bull hedge as well. That’s what’s nice about a bear market, as with it’s opposite the bull in “bull times” — there’s always something getting shat upon. In this case, you may want to make a brief visit to EEV in order to hedge yourself on this commodity-dollar smacking. Just be ready to move out when the inevitable happens and the dollar begins to “take the piss” once again, as our English friends might say.
Bonus — we’re above the two year 38% Fibonacci line as of today. Click on the chart for further viewing:
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The secret is out.
I don’t know why you’ve not been featuring it.
It should be “top ten.”
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GD should have been featured, that shit is a Rock.
True story. I’ve got a brother in law is and EE who works for GD, making some kickass missile boats.
Also true, his wife is very close to communist. Some cognitive dissonance there, I believe.
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