I'm Buying DROOY
Gold at 491.50 and DROOY at 1.31. Both are a BUY for me. During this volatile trading season, it could go lower.
Perhaps, we will reach the "sell the farm" level to plow much into gold and mining stocks. I do not believe it is that time yet, but I increased my holding in DROOY today and will buy more if the price drops further.
The government reports on inflation show that there is very little. However, the USG has a vested interest in under reporting such statistics. Ask yourself about the level of inflation as you shop for groceries, clothing, and gasoline. Also, check on it as you pay your utility bills. Is it low? It does not seem so to me and we have just been put on notice by our utility to expect much higher gas and electric bills this winter.
The housing bubble seems to have gotten another shot in the arm as new home construction rose above expectations in October. The bubble in condominiums has started to lose air. This is the most fragile part of the housing bubble. Perhaps, residential housing will hold on a few more months.
Be sure to put the Lord first in your thoughts and actions as we celebrate His birth. God's basic unit of society is the family. Thus, it is very important that we seek to fellowship with our families. Let us share with one another the many blessing we have received from the Covenantal God of all.
Best to each, Doug
Perhaps, we will reach the "sell the farm" level to plow much into gold and mining stocks. I do not believe it is that time yet, but I increased my holding in DROOY today and will buy more if the price drops further.
The government reports on inflation show that there is very little. However, the USG has a vested interest in under reporting such statistics. Ask yourself about the level of inflation as you shop for groceries, clothing, and gasoline. Also, check on it as you pay your utility bills. Is it low? It does not seem so to me and we have just been put on notice by our utility to expect much higher gas and electric bills this winter.
The housing bubble seems to have gotten another shot in the arm as new home construction rose above expectations in October. The bubble in condominiums has started to lose air. This is the most fragile part of the housing bubble. Perhaps, residential housing will hold on a few more months.
Be sure to put the Lord first in your thoughts and actions as we celebrate His birth. God's basic unit of society is the family. Thus, it is very important that we seek to fellowship with our families. Let us share with one another the many blessing we have received from the Covenantal God of all.
Best to each, Doug
posted by Doug @ 9:36 AM
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