This is it!
Yes, this is the last trading day of 2005. What an exciting year it has been. As mentioned yesterday, gold has been a great performer for the year. I trust that most of you have profited from the rise in gold.
DROOY is trading at 1.48 to 1.50 today. It is at a good profit level for me. However, I am reluctant to sell. Too many times in the past, I have sold out a bit early and missed even greater profit, so I am holding tight for the time being. Of course, I try never to sell out completely.
The general markets have not given much profit this year. Even the commodities have tapered off some during the last few weeks. I believe this is temporary. By the way, requests for new mortgages and refinancing have declined substantially recently. Possibly, this is a signal that the housing boom is tapering off.
My plans are to stick with physical gold and silver (pre-1965 silver dimes), the CEF, and mining stocks. Notice that silver has run up percentage wise above gold during 2005. My favorite silver stocks are PAAS and SSRI.
For those of you own no mining stocks examine Newmont (NEM), which has proven to be one of the safest to own. I would buy for myself on substantial dips. However, I enjoy the risky business of trading with low priced mining stocks, like DROOY. The game is fun and can be profitable.
The Lord in His wisdom has given us seasons and events; such as, the new weeks, the new months, and, particularly the New Year. We meet for corporate worship on the first day of the week. Often, we ignore the first day of the month, except for the new bills which must be paid. The New Year is always a big event.
These are times for reflection and times to start out anew with even greater goals and greater faith in the Lord. He gave us these opportunities to start out fresh, but at the same time to profit from our mistakes of the past. Remember, we profit much more from our failures than from the successes. That is, unless we ignore the past and continue to repeat the errors of the past.
Let us spend time to profit from the past, make plans for the 2006, commit these plans to the Lord, and move out in the faith that He will work out His will in our efforts. His is the glory for any success and for His redirection through what we perceive as our failures. Each "failure" is a lesson for future.
After all, there is nothing that can separate the people of God from His love which is in Jesus Christ our Lord. We live with faith and full confidence in Him!
A blessed New Year to each of you as you grow in faith in our Sovereign Lord and Savior Jesus Christ.
Doug
DROOY is trading at 1.48 to 1.50 today. It is at a good profit level for me. However, I am reluctant to sell. Too many times in the past, I have sold out a bit early and missed even greater profit, so I am holding tight for the time being. Of course, I try never to sell out completely.
The general markets have not given much profit this year. Even the commodities have tapered off some during the last few weeks. I believe this is temporary. By the way, requests for new mortgages and refinancing have declined substantially recently. Possibly, this is a signal that the housing boom is tapering off.
My plans are to stick with physical gold and silver (pre-1965 silver dimes), the CEF, and mining stocks. Notice that silver has run up percentage wise above gold during 2005. My favorite silver stocks are PAAS and SSRI.
For those of you own no mining stocks examine Newmont (NEM), which has proven to be one of the safest to own. I would buy for myself on substantial dips. However, I enjoy the risky business of trading with low priced mining stocks, like DROOY. The game is fun and can be profitable.
The Lord in His wisdom has given us seasons and events; such as, the new weeks, the new months, and, particularly the New Year. We meet for corporate worship on the first day of the week. Often, we ignore the first day of the month, except for the new bills which must be paid. The New Year is always a big event.
These are times for reflection and times to start out anew with even greater goals and greater faith in the Lord. He gave us these opportunities to start out fresh, but at the same time to profit from our mistakes of the past. Remember, we profit much more from our failures than from the successes. That is, unless we ignore the past and continue to repeat the errors of the past.
Let us spend time to profit from the past, make plans for the 2006, commit these plans to the Lord, and move out in the faith that He will work out His will in our efforts. His is the glory for any success and for His redirection through what we perceive as our failures. Each "failure" is a lesson for future.
After all, there is nothing that can separate the people of God from His love which is in Jesus Christ our Lord. We live with faith and full confidence in Him!
A blessed New Year to each of you as you grow in faith in our Sovereign Lord and Savior Jesus Christ.
Doug
posted by Doug @ 9:05 AM
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