What to buy at the end of the world...

“It's a total bloodbath.”

High percentage losses in “trophy” stocks of companies that provide valuable resources such as copper, gold, uranium and potash are the rule rather than the exceptions over the last quarter, according to securities analyst Matt Badiali, editor of the S&A Resource Report.

Potash (POT) is down 27%; the largest copper and gold mine owner in the world, Freeport McMoRan (FCX) has lost 40%. Cameco, a “best of breed" uranium producer, is down 35% over its entire portfolio of “incredible assets," and smaller, more speculative companies are averaging more than 50% in decline over the quarter.

Now is the time to make out a list of the kind of trophy stocks you've wanted to own, make out the checks and acquire what panicked sellers are throwing out with the bathwater.