June 10, 2009
-- “Source One International”:
It would appear that rumors of the global recession’s demise have been greatly exaggerated. That is reportedly the opinion of Asian-centered investment broker, “Source One International”
As a wave of new found bullishness and optimism appears to be emanating from every media outlet, a number of trusted commentators including Nouriel Roubini, Marc Faber and legendary investor, Jim Rogers are calling it a false dawn that could distract businesses and governments from the task at hand.
Sources close to analysts at “Source One International”
say that the firm believes that it was inevitable that the latest economic data would show improvement since trillions of dollars of liquidity have been pumped into the global economy but warned investors against complacency and over-zealousness in the acquisition of stocks despite sharp rallies on world indices since the March 2009 lows.
The “Source One International”
source said that the firm continues to advise clients to stick to staple defensive stocks and commodity-related equities and reasoned that global currencies would begin to succumb to market pressures “far sooner than widely accepted”.
“Source One International”
continues to recommend the acquisition of gold, silver and other commodities via ETFs and similar instruments.