Two Ways to Profit from Fannie (FNM) and Freddie (FRE) Bailout
Sep 10th, 2008 | By Martin Hutchinson | Category: Featured, Financial NewsIf you’ve visited Contrarian Profits this week, you’ll know we don’t think highly of the Fannie Mae (NYSE:FNM) and Freddie Mac (NYSE:FRE) bailout.
That doesn’t mean we can’t find a way to profit from the mess. Martin Hutchinson says Treasury bonds will suffer from higher government borrowing and inflation. This means the Rydex Juno Fund (MUTF:RYJCX) should see major gains.
And with inflation pressures on the horizon, Martin says gold is a bargain. The SPDR Gold Trust ETF (NYSE:GLD) is the best pure gold play out there.