Here's a round up of what some of the top investment advisors
who predicted the financial crisis are suggesting for 2009:
PhD economist Marc
Faber suggests buying gold (and gold miners), silver,
platinum, and industrial
commodities, massively shorting long-term treasuries at
the appropriate time, and - if one wants to buy stocks - to
buy some resource company stocks such as Freeport McMoran,
and some Asian stocks (but selling out of stocks at the top
of the bear rally).
Fund manager Peter Schiff
thinks gold will go through the roof as runaway inflation
kicks in and - as usual - urges people to buy stocks in solid,
dividend-paying companies in Europe and Asia.