• 4 minutes Phase One trade deal, for China it is all about technology war
  • 7 minutes IRAN / USA
  • 11 minutes Shale Oil Fiasco
  • 16 minutes Swedes Think Climate Policy Worst Waste of Taxpayers' Money in 2019
  • 8 hours China's Economy and Subsequent Energy Demand To Decelerate Sharply Through 2024
  • 4 mins Indonesia Stands Up to China. Will Japan Help?
  • 2 hours Beijing Must Face Reality That Taiwan is Independent
  • 2 hours Gravity is a scam!
  • 1 day What's the Endgame Here?
  • 7 hours US Shale: Technology
  • 13 mins Trump has changed into a World Leader
  • 2 days 10 Rockets hit US Air Base in Iraq
  • 2 hours Prototype Haliade X 12MW turbine starts operating in Rotterdam
  • 2 days Canada / Iran
  • 2 days Wind Turbine Blades Not Recyclable
  • 2 days Remember: Only the Poor Can Reach the Kingdom of God
Alt Text

Hated Energy Stocks May Be About To Rebound

Energy stocks are remarkably cheap…

Alt Text

The Billion Dollar Bet On An Oil Price Crash

Mexico’s billion dollar oil hedge…

Mad Hedge Fund Trader

Mad Hedge Fund Trader

John Thomas, The Mad Hedge Fund Trader is one of today's most successful Hedge Fund Managers and a 40 year veteran of the financial markets.…

More Info

Premium Content

Where to Play the Dead Cat Bounce in Europe

The currency is in free fall, and the continent is about to enter a new dark age, as enforced deleveraging brings economic collapse and widespread civil unrest.

To me, this all means it's time to start sifting through the wreckage, looking for potential buys in Europe.

In one of the worst timed ETF launches of the year, Van Eck brought out the Market Vectors Poland ETF (PLND) in November, followed by the iShares MSCI Poland Investable Market ETF (EPOL) brought out at the end of May. Poland is one of Europe's own emerging markets, and its close links with the German economy will enable it to ride the coat tails of any future economic recovery.

Take the euro to parity against the buck, and you have the makings of a massive export boom down the road in the Fatherland.

Poland also sits on a gigantic coal bed, and with its weak environmental regulation, will make it ground zero for importing American "fracting" techniques to unleash massive natural gas supplies.

The collapse of the world's most despised currency means that down the road, Poland can ditch the Zloty and join the European Community at a highly favorable exchange rate.

My Euro maven ex-Economist colleague, Vivian Lewis, of the daily Global Investing letter also says that the country is embarking on a privatization program that will sell off relics from its communist past at discount prices.

When the United Kingdom did this during the eighties, everyone, including myself, made a fortune. Load up on Poland when you see the first crocuses pushing up through the ashes.

Article courtesy of: The Mad Hedge Fund Trader




Download The Free Oilprice App Today

Back to homepage




Leave a comment
  • Anonymous on June 10 2010 said:
    Goldman Sachs recently re-opened its Warsaw office, that should ring a bell.Poland is the rising star of Europe, one trip to Warsaw tells it all.
  • Anonymous on June 11 2010 said:
    Yes indeed, the Euro 2012 Cup in Poland is going to be one hot ticket..

Leave a comment




Oilprice - The No. 1 Source for Oil & Energy News