THE “R” WORD! GOLD ON THE MOVE. BUSH IN THE MIDEAST - SO WHAT!

THE “R” WORD!
This past week it seemed that no matter what I listened to or picked up to read that the “R” word was heard. “R” = “Recession” the word that strikes fear into business leaders, consumers and especially politicians. Of course for the consumer a “recession” is when your neighbour is out of work. When you are out of work it is a “depression”. [ read more... ]

GOLD ON THE MOVE
With Gold now breaking out over $850 it is only a matter of when not if that we will see $1000 Gold and probably higher. We could be moving into the blow off stage for this cycle. Of course it will end in a nasty crash just like all blow offs but for those of you in on the blow off you will enjoy themselves. Gold bugs being what they are probably sat forlornly during the High Tech/Internet blow off in the late 1990’s. [ read more... ]

BUSH IN THE MIDEAST - SO WHAT!
President Bush has been touring the Mid East to accomplish two things. To help bring peace between Israel and Palestine. And to confront and contain Iran. Of course he could have saved himself some time and just stayed home to deal with the sinking US economy. But he is trying to carve himself a legacy that goes beyond his illegal and failed war in Iraq (and we might add Afghanistan as well) and such illegal activities as torture, wiretapping of Americans and so many others we would run out of room. But this trip will be a failure as well.  [ read more... ]