Filed in: Market News
Wall Street/Investors will look to the government in the week ahead, with the bank bailout plan postponed until Tuesday and stimulus package in focus on Monday. This could be a wild beginning to the trading week. It is hard to say how the markets will react to the vote and the amount in the bill itself. I would stay light and see if we get follow through...
Each of us will do our best in this great world and try to make the most prudent investment choices. In hindsight it will all be crystal. I wish each of you the best of luck whatever course you decide to take. I think given Mr. Schiff’s recent record, it’s very hard to find cause to doubt that the rest of his prediction won’t come...
Filed in: Market News
This current bill/proposal and it’s $800 Billion dollar down payment on social change will kill any recovery and the fact is that it is only a start. Immediately after this so called rescue plan passes we will be told the banks are collapsing again and need more funding, the dismal car sales have upped the need for bailout funds and these industries...
Filed in: Market News
My Top Mutual Funds For 2009
Keeping a solid investment Mutual Fund portfolio can be very hard work. Now throw in today’s troubling times and you have all you can do to stay in the green.
With thousands of Mutual Funds to choose from, how can you tell which ones are the best?
Today I am going to give you some of my top selections for 2009 in...
Filed in: Market News
GOLD = The Only Real Currency.
I just love how the naysayers explain that gold is useless. It is the only currency which is backed by itself and not by some self serving government body.
The question for many investors is whether money supply growth will continue. If you want the answer, just look at the current massive level of U.S. debts and the...
Filed in: Gold, Market News
Unfortunately, I think these are all false rallies. The credit crunch has not been resolved, ECB is in massive denial to the major economic mess of their countries, Eastern Europe is a complete basket case and it is only a matter of time before countries start to default of their payments and claim bankruptcy. China has 26 million laid off angry migrant...
Filed in: Market News
I feel like I’m watching the ending to the movie “Fight Club”, short all banks and watch the fireworks explode!!
Unfortunately I had a wordpress issue and my commentary was lost. Sorry for any inconvienence.
Filed in: Market News
This country is in some serious trouble, we need leadership, ethics and honesty. From what I have seen thus far, that is not the agenda of the new administration. It seems business as usual, corrupt DC politians and the same screw the average citizen moto. He has done nothing to instill confidence or respect for himself or his agenda. Does anyone...
Filed in: Market News
We are sitting right at the bottom of the support area for the S&P. 820 gives us some support but then we head down to the 800 area to find the next major support.
As I am typing we are bouncing right off the 820 number and heading much higher. We spiked and now we are at 836. WOW what a move.
Chart courtesy of Quote.com
Trading comment: I am...
Filed in: Market News
It’s early 7:00am Central but Gold is marching north. The POG is currently up 16 to 918. Remember as we get up neat that 928 number again that is the breakout. If we do that there isn’t much in the way of heading right to 1000. I still feel this is the mid stages of a nice upside run for Gold. I am not like some that think Gold goes to 2000...
Filed in: Gold, Market News
My thoughts on this is to basically give the small businesses 3 years tax free and to cut capital gains taxes to ZERO. Some kind of payroll tax holiday seems to be very clearly the right thing to do. I’d only ask that it take the number of dependents into account. This would help jump start the economy and it would give people confidence. We would...
Filed in: Market News
CSCO shares retreated in A/H’s and were down 3.1% to $15.35 after the networking-equipment provider said it expects sales in the current quarter to decline by 15% to 20% from the year-ago period.
What is the likely growth catalyst over the next 12 months? Zippo that I can see. CSCO, like MSFT, is dead money in my opinion.
Filed in: Market News
You, Yes You the US taxpayer, have generously provided to Bank of America the bailout of a lifetime. Our taxpayer money should not be allocated to cover private party gambling debts. If an entity cannot separate out their various interests, they should get zero public support PERIOD. The chickens have now however come home to roost. The greedy politicians...
Filed in: Market News
Regulations on these money hungry morons is long over due and anyone owning stocks has had little that they could do to stop this robbery of their money at the top. If the entire system is to be FIXED this is the best place to start.
“The New York Post revealed that Sandy Weill, former chief executive of Citigroup, took a company jet to fly his...
Filed in: Market News
“Yamana has informed Atna that it intends to prepare and submit a Plan of Operations with the Bureau of Land Management commencing in early 2009 to allow for further drill testing of the Clover Hill zone and other targets within the Clover project. Project planning continues and permit applications will follow as soon as drill hole planning is...
Filed in: Gold



