Do you own gold and silver?
Do you have investments in the stock market that give you the potential to profit from higher priced oil, natural gas and coal?
What about agriculture: do you have access to the inevitable sustained interest that people seem to have in eating food?
I hope you do. If you don't, it looks like you'll have an opportunity to buy some of these assets at sale prices during this broad-market down turn.
I don't know who sold their gold last Thursday to knock it down off its highs of $1,680 - but it probably wasn't people like you and me. It was probably short term traders, hedge funds, institutional investors and central banks who needed to raise capital quickly to cover some other loss or margin call.
We might see another few days or weeks of weakness in gold as that trend unwinds, but I think the overwhelmingly strong trend in gold will continue upward.
I mean... if you have to ask: the United States government just celebrated their ability to take on more debt in the world's most drawn out and dramatized exhibition of useless law-making.
I can't tell if they actually achieved in putting more than a tiny blemish in the massive debts this country has, but from what I can tell, they succeeded in increasing this country's debts, and they had the gall to call it a victory.
If their "victory" doesn't give you a renewed sense of vigor about your gold holdings, then I don't know what to tell you.
When this government slaps itself on the back for taking on more debt, you should be running not walking to buy more gold on any weakness.
As I said in Thursday's issue of the Resource Prospector , "...you need to make a shopping list of companies you want to own or companies you want to own more of.
Make the list now - so you're prepared when your dream-price comes up."
It's not too late to make your list - because while the blood certainly spilled last week, I don't think the market is done bleeding.
If you're a commodity investor, as I am, then you should be readying yourself for the exact time to pick up some momentarily ignored and forgotten assets at fire-sale prices.
These chances do not come along very often, and when they do, they are fleeting.
Make your list. Check it twice. Get your capital ready and prepare to pounce: our chance is near.