the bull market is coming, page-16

Torente,

we must live on 2 different planets.

I see quantitative easing (QE) in the US as having a limited lifespan before the system fails, leading to massive asset deflation and an inflation in oil and food prices.

I also believe that the US's export of inflation to Europe and China cannot continue without negative results, the collapse of a European economy and China's tightening of credit at home.

I don't think that Australia can escape being impacted and our stocks and shares being hit.

I have therefore sought refuge in emerging oil (QPN) and uranium (PEN) stocks, with operations in the US. With oil and uranium prices rising, these are good bets.

I have also selected for 2011, precious metals (MYG, AOA, HEG, NAV, SVL), coal (CCK, WAL, HAZ, MNM) and stocks linked to Chinese interests (GXY, CYU, ORD, DLE).

So, although my general view is bearish, I am bullish about energy, precious metals and China stocks.