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Top Stock Picks '09: ProShares Ultra Gold (UGL) |
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| Jan 07, 2009 05:30 PM UTC |
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Via BloggingStocks:
Filed under: International markets, Newsletters, Mutual funds, ETF Investing, Commodities, Stocks to Buy, Recession, Best Stocks for 2009 This post is part of a special annual report -- Top Stock Picks '09 -- in which TheStockAdvisors.com asked 75 leading newsletter advisors to select their favorite investment for the new year.
In his Tipping Point Stocks, the advisor suggests, "Historically, the best place for an investor in inflationary times is gold. And ProShares Ultra Gold (NYSE: UGL) is the best way to invest in gold in 2009." The advisor explains, "Right now, the battle being fought is to stimulate economic growth to prevent a worsening recession; whether or not this will be successful remains to be seem. "But one thing is certain, the injections of huge amounts of liquidity into the markets worldwide will leave us all with huge inflationary pressures in the years to come. "The pressures related to government guarantees and bailouts (and the necessary borrowing to finance them) are hidden right now because of the slowing economy, but that doesn't make them any less real. Continue reading Top Stock Picks '09: ProShares Ultra Gold (UGL) Top Stock Picks '09: ProShares Ultra Gold (UGL) originally appeared on BloggingStocks on Wed, 07 Jan 2009 12:30:00 EST. Please see our terms for use of feeds. Permalink | Email this | Comments
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"The injections of huge amounts of liquidity into the markets worldwide will leave us all with huge inflationary pressures in the years to come," notes Be the first to comment on this story and earn 2 points.
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