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There's lots of variables in trying to develop a strategy based on a potential political outcome. It is probably best to look at the overall picture and ignore the election outcome.
We will continue to need oil, gasoline, natural gas, propane and heating oil in '08. These products have to be located, drilled for, pumped up, transported, refined, and distributed.
That covers a plethora of companies; some operate internationally, others in the USA and Canada. Most of the USA pipeline companies are currently below their fifty-two week highs. Many pay wonderful dividends of 6-7%. Stick with lasting necessities. Solar? Nuclear? They are years away from being a viable alternative to our existing energy supply. Me? I'm parking most of my surplus cash and all excess profits in pipelines and waiting for clearer direction.
I'll also keep five to seven per cent of my portfolio in gold. It makes a wonderful hedge and with the political landscape, it is bound to rise and fall as threats accelerate then decline on the international front.
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