Where to put your money, non-Mungowitz edition

Apparently someone asked Mungo this question recently and he didn't like his own answer. Well, no one asked me, but here is what I think:

the BRICs

Asian Tigers

Commodities

Those would be my choices if you have the onions to be bold.

I am not a big fan of US and European equities as a group, US interest rates can only go up, which means bond prices can only go down.

What are your best investment tips?