A Comment -- General Comments From an Expert (A Commentary)

Gold: - There are 3 potential buyers of gold. Central banks, and they are not buying. Investors, and they are buying like crazy. Commercial users and demand here has gone down badly. Currently, it is investors who are selling to one another and that's a very poor technical condition to be in.

Shorting Stocks: - Not shorting, but is pretty close to doing so.

E.T.F.’s: - Uses them the odd time if he wants to rapidly increase his exposure to the market. It's not particularly cheap.

Metals: - We are in a period where everyone has lost their confidence and there is a fear factor. He does own a few metals. Believes in it, but what has changed is the psychology.

Metals: - Feels there is a lot of professional investing, such as pension funds, in this sector which makes him nervous. When you get speculators, instead of users you get volatile and unknown kinds of markets.

Commodities: - Long term, the emergence of the far east is going to have a profound effect. Short term he is bearish because of over speculation but long-term bullish.

Auto Sector: - A possible Chapter 11 in the making for both Ford (F-N) and General Motors (GM-N). They have to get rid of their pension and medical liabilities.

Auto Sector: - Owns General Motors (GM-N). They are making a lot of tough decisions and getting their act together.

Natural Gas: - Everyone is negative on natural gas and prefers oil. This commodity is very levered towards natural disasters and is not politically sensitive like oil. Likes the sector.

Natural Gas: - Has been lightening up on this, although value in these stocks is coming along. There will be a staggering good buying opportunity. A little bit too early.

Averaging Down: - He will average Down on a stock that has dropped but he thinks is still good.

Averaging Down: - Never average Down on a losing position. Don't throw good money after bad. A terrible way to invest.

Likes the i shares and its sector. When you are in a volatile sector, this is probably a good choice. Had a rally, pulled back and thinks there’s another advance to come.

Massmart Holdings, a South African stock under the symbol ofMSM-SJ. Large retailer which includes food stores, etc. South Africa and is a leading exporter to the rest of Africa. 4% yield. 20% increase in earnings.

Macquarie Bank is an Australian investment bank listed on the Australian exchange under MBL-ASX. Stock has gone virtually sideways over the last 52 weeks which he likes allowing him to accumulate more.