Today’s Thoughts/Musings on Financial Markets-Precious Metals-Energy-Mutual Funds.. | Financial Investment Services

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 to rise short term?  China buying to triple reserves

 

United States of America:

•re: Federal stimulus packages given to corporations–Will President Obama listen to his public and cap executive bonus monies in these companies?

 

•FDA needs a complete review & revamp  ie: Salmonella cases increasing.

 

•Solar and Alternate energy sources to expand / flourish, or just more election campaign rhetoric?

 

Canada:  

•Canadians investing in RRSP’s again – $900 Million in January.

 

•Quebec sovereigntists desired ties to French Government not necessarily reciprocal.  French President says they should instead, create stronger unity in Canada.  mmm

 

…..Doug T

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Author:
DougT
Time:
Wednesday, February 4th, 2009 at 9:21 am
Category:
Finance & Funds
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