Pengrowth Energy, Gold Miners ETF: Value in Commodities

Earlier this year I commented that Tele Norte (TNE) looked like it might offer investors a value after buying/merging shares of Brasil Telecom (BTM). Although I did not predict the huge drop in the fall, I would say that, for the long-term investor (those holding for approximately a year up to three years or so), TNE looks ripe.

I myself have decided to try to see if I can balance a few quicker trades. If one is interested in avoiding some of the complexities of the financials, then commodities might be way the to go. Although I might sell at any time, the market may change quickly, and you should do your own due dilgience, I've recently found that Pengrowth Energy Trust (PGH) and Market Vectors Gold Miners ETF (GDX) were good values.