Jim Rogers: We're going to have an inflationary nightmare

[LargoWinch]

Jimmy's house in Singapore looks great!

[Nicolasd]

Re: Jim Rogers: We're going to have an inflationary nightmare

If I may ask , in what form have you bougth oil ? ETF or else ?

thanks

[LargoWinch]

Re: Jim Rogers: We're going to have an inflationary nightmare

If I may ask , in what form have you bougth oil ? ETF or else ?

thanks

Hi Nicolasd, I purchased a crude oil ETF on the TSX: HOU.TO

This is from Horizons Beta Funds of Toronto. It has 2x leverage (careful) and is $CAD Hedged.

Here is the firm's website:
http://www.hbpetfs.com/

To my knowledge, Claymore and Barclay's ishare do not have a crude oil ETF.

[Nicolasd]

Re: Jim Rogers: We're going to have an inflationary nightmare

Hi Nicolasd, I purchased a crude oil ETF on the TSX: HOU.TO

This is from Horizons Beta Funds of Toronto. It has 2x leverage (careful) and is $CAD Hedged.

Here is the firm's website:
http://www.hbpetfs.com/

To my knowledge, Claymore and Barclay's ishare do not have a crude oil ETF.

Thanks , looking at the price chart , it is nicely levelling close to the zero bound.:rolleyes: Was not aware these could be $CAD edged.Will take a position next monday with tigth sell stops.

On a different subject , I am amazed by the fall of Yellow Page income trust fund, YLO-TO with distributions now in excess of 20%,Wonder how long this will last :eek:

[D-Mack]

Re: Jim Rogers: We're going to have an inflationary nightmare

Will it be not so bad as the Inflationary Holocaust