Thursday, January 05, 2006

Powerful the Dark Side Is.

It looks like Stephen Leeb has gone over to the Dark Side. Darth Kunstler will be pleased.

Leeb's new book:

The Coming Economic Collapse: How You Can Thrive When Oil Costs $200 a Barrel.

By the way, it would be cool to make enough from the site to pay for the book, so if you were going to buy it anyway (or make another Amazon purchase), consider going through the above link and I'll get a commission on your purchase. [If you do, thanks.]

But we can probably guess roughly what he's going to say:

Buy oil companies with long lived reserves [oil sands, unconventional resource plays, selective foreign producers (say PBR, STO, LUKOY, OGZPF, last two if you're daring)], selective oil service, uranium, coal, selective growth companies (at least that's what he recommended in his last book), and be prepared to swing from gold to zero coupon bonds as we cycle from inflation to deflation.