Gold and oil are in a downward spiral, says J. Christoph Amberger. He says there is still considerable downside potential for both assets. But there is a way to make huge profits from gold’s decline.

A lot of contrarian investors say gold is a bargain right now — “a one-way bet.” J. Christoph Amberger is not so sure. History shows gold prices trend in line with oil. This means if oil hits $50 a barrel, gold could drop back below $500 an ounce.

Crude oil dipped below $70 yesterday. This means that there’s nothing in the way of further price declines, says J. Christoph Amberger. He says that by December OPEC will take $50 for a barrel of oil and be happy to take it.

Monday’s record stocks surge seems so long ago. Today, the stock markets are painted a familiar red again. J. Christoph Amberger says this crash will last weeks…and then the real depression will set in. That means commodity prices are heading down further in the short term. And mining stocks will be right behind them.

The slump in commodities is putting a big strain on mining stocks. J. Christoph Amberger says a number of companies are likely to abandon mines as costs outweigh revenue potential. He says Apex Silver Mines (NYSE:SIL) looks particularly vulnerable right now…

J. Christoph Amberger says the economic misery in Europe and fears over emerging markets makes the US dollar a great safe haven. Could this make it the next short-term asset bubble?

Today, the Dow dropped below 8,000 for the first time since March 2003.

This is great news for investors, says J. Cristoph Amberger. “History has proven time and time again that the seeds of wealth are sown during market crises… by buying good companies at crash valuations.”

He recommends investors buy shares of Ford Motors (NYSE:F), Alon (NYSE:ALJ), Stewart Enterprises (NASDAQ:STEI), General Electric (NYSE:GE), General Motors (NYSE:GM) and General Mills (NYSE: GIS) now.

Solar energy was given a boost last week after $18 billion in tax credits for clean energy were tacked on to the bailout bill to ease its passage through Congress.

Since then, however, concerns of oversupply have whacked solar stocks. This prompted Goldman Sachs (NYSE:GS) to downgrade several solar companies to a “sell”.

J. Cristoph Amberger says the current financial crisis will hurt investment in solar power. He recommends investors sell their positions while they still can.

Since mid-2007, 81 hedge funds have imploded. Another 34 are in trouble.

“No matter how you cut it, it’s been a rough year for the hedge fund industry,” says J. Christoph Amberger, editor of Today’s Financial News.

These funds may soon be forced to sell off their assets – many of which are commodities.

J. Christoph says this have a market-flooding effect… and weigh heavily on commodities prices.