Well, everybody seems to be jumping on the bandwagons we mentioned in our letter of December 6, 2003. In predicting our outlook for 2004, we said that base metals will be a key area, along with precious metals, energy and foreign currencies as the best investment groups in 2004.
We still believe that the US dollar has a substantial amount of depreciation ahead of it. Saying this, we should also point out that many brokerage house strategists have jumped on the weak dollar bandwagon in recent weeks. When we first began to recommend that foreign currencies would outperform the . . .
Continue Reading: December 22, 2003
