I have always read Stephen Leeb’s books. Now I read his blog. I have to admit that it can get a little dry at times (and I also think there is something wrong with their feed), but I enjoy its insightfulness for the most part.
I remember reading “The Oil Factor” over the 05-06 new years. I recall being on a patio at a villa in St. Lucia when I finished this book which said oil was on an upward trend and wasn’t likely to stop even well into the triple digits. I thought “well thats a nice thought, but it probably isn’t likely”. This extravagent trip I was on was being financed purely off of oil funds. I didn’t listen to his advice.
Several years later I read “The Coming Economic Collapse”. Again I didn’t heed the investment advice, although I personally felt the same was coming.
So, in early 2009 I read Leeb’s “Game Over”. This time I knew that I would pay attention. And there is still time for you as well.
His basic principles are sound ones. In inflationary period the stock market is shot. Gold, Silver, and Energy maintain (and profit). Metals are crucial, and the dollar is done. I simply couldn’t put it any better myself. My entire life revolves around oil and gas. My income, my investments, my social sphere, my upbringing. But I feel threatened still. Not diversified enough. Metals, and particulary precious ones, are absolutely the most tried and true investments through all time and history.