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No.1 - The World Is A Hedge Fund

Countries around the world are getting rich off surging prices for resources such as oil. They used to just buy US treasuries with this cash, but now many -- such as China -- are effectively setting up country-run hedge funds. Where are these monster amounts of money going to go and how do you get there first?

Tim Seymour says sovereign country funds were established by Norway. Now Russia, the UAE, China and other nations have gotten into the game and there’s over $2 trillion today in sovereign wealth funds.

Tim adds China and India are looking to buy hard assets to support the growth of their countries and he recommends investing in companies that supply their demand.

Guy Adami likes infrastructure plays and recommends McDermott (MDR), Jacobs Engineering (JEC), Flour Corp. (FLR) and The Shaw Group (SGR).

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Trader disclosure: On June 21 2007, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders:
Finerman Owns (GS); Finerman's Firm Owns (FL); (MO),S&P Puts; Finerman's Firm And Finerman Own (HD); Finerman's Firm Owns UniCredito Italiano; Seymour Owns (COP), (EEM), (BX), (AAPL), (TIE), (BP), (RTI), Gazprom; Gazprom Is On Pink Sheets In The U.S. And Trades On The Exchange In London; UniCredito Italiano Is On Pink Sheets In The U.S. And Trades On The Exchagne In London; Red Star Asset Management Owns Gazprom; Red Star Asset Management Is Short (EEM); Red Star Asset Management Is Short (XOM):GE Is The Parent Company Of CNBC