When circumstances change, I change my mind. A year ago I was stuck in the rut, believing that the US was rooned. Now I see it as a case of "first in, first out".
This revolution in conventional energy will power a renaesance of US manufacturing. I have lost interest in the ASX where the index IS the banks and BHP/RIO. I'm sticking with gold and it's miners but my side bets will be the DOW internationals.
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