What to Invest?

Most investments I know has dropped in value. Equities, real estate, commodities are all much lower now. There is a couple of bright spots. Gold is still strong and bond should be a safe haven. Now it is really tough to invest in anything. Everyone is tightening their belts and saving cash. As for me, I am thinking China's equities and commodities funds may be a good bet. I am a fan of Jim Rogers.