February 28, 2009
Dow Jones Industrial Average keeps on sinking and nears the 6,000 mark as President Obama’s $1.75 Trillion dollar deficit recovery budget meets some political opposition. This budget could be likened to a rocket ship ready for lift off, just waiting for interfering thunder clouds to move away from the launching pad. Those opposed [...]
February 21, 2009
The Dow Industrial Average took it on the chin all week, as shocked investors watched the downward marktet spiral continue. The U.S. Federal economic recovery package hasn’t slowed the depressed financial markets from free falling as yet, and investors are becoming impatient. They obviously haven’t seen any indication of a recovery or [...]
The Dow Industrial Average has fallen to last November lows, as investors sell and appear uneasy as to just how much the U.S. Stimulus Package will affect the current stagnant corporate and market situations-near term.
Thousands of laid off Americans wait anxiously to see how the recovery package and tax breaks will affect them and their [...]
While the current meltdown in Global Markets and economies rages on, China and Brazil may be the countries most likely to lead us into the first stages of recovery. A 100 million migrant workers facing debt, despair and hunger pray for an early end to this current economic crisis.
No matter what the season, historic disasters like the Iraq war, September 11th, Hurricane Katrina, the U.S. economic crisis that created Financial Chaos for Corporate and Individual Investors are probably the first things people will remember as the legacy of President Bush. There were positive aspects to his tenure as well, so lets start with the positives.
Week ending Feb. 07, 2009
Markets have generally stabilized for the moment showing some short term gains. Gold prices on the other hand, may be ready to hit the magical $1000 an ounce mark and possibly set new records in the near future. Driving the price of Gold higher are fears of surging inflation and the expectations of [...]
Call it an early Valentines Day gift to American home owners and new car/truck buyers. The U.S. Senate voted to give a tax break of up to $15,000 to home buyers in hopes of revitalizing the housing industry. A further tax break was passed on to Americans who purchase new cars and or light trucks priced [...]
February 05, 2009
Marketplace:
•DOW 7956.66 -121.70 yesterday–Still believe 8,000+ is sustainable.
•TSX 8693.09 + 64.46 yesterday–Holding nicely and rising today.
•Gold still attractive as a safe haven and inflation hedge. Prices go higher on renewed buying.
•Silver prices also higher, tracking Gold on renewed buying.
•Platinum and Palladium prices remain strong.
United States of America:
•Yesterday the U.S. Senate approved a tax incentive [...]
February 04, 2009
DOW: 7956.66 -121.70 TSX: 8693.09 +64.46
NASD: 1515.05 -1.25 VENT: 890.05 +20.80
S&P: 832.23 -6.28
•Gold: $902.20 +9.70 •Oil: $40.32 -0.46
•Platinum:$973 +3.30 •Nat Gas:$4.63 +0.03
Silver: $12.47 +0.17
•Best Performance Mutual Funds:
1 Month: Precious Metals Equity Funds.
Health Care Equity Funds.
3 Month: Precious Metals Equity Funds.
…To Include Dynamic Precious Metals Fund
(Not Personally invested in Precious Metal Funds at this time)
•Worst [...]
February 04, 2009
Marketplace:
•DOW & TSX should remain above 8,000 and gradually rise as economic stability imporoves nationally and globally.
•Gold could hit $1000 an ounce as safe haven demand increases–probably at the expense of Real Estate & Financials.
•Silver may track gold prices.
•Platinum prices could remain in the $900 – $1000 range in the near term.
•Copper prices [...]