Crazy, Low Volume Markets
The Christmas-New Years vacations have started and are having a significant affect upon the markets. Many brokers, traders, money managers, and investors are "cooling it" until after the holidays. Thus, we generally have very low volumes in all markets.
Many have lost interest in the precious metals markets. Wow, I have been a buyer of DROOY below $1. I have added to my holdings while other are selling out at these low prices. To me, it seems to be an opportunity to load up again before the next leg up for gold and silver.
Gold is off its recent low and currently at $618.30 with DROOY trading at $0.90. That, to me is a bargain not to be passed.
Though not in the main press, there is much about Iran demanding Euros for their oil and Asian banks beginning to replace their dollar reserves with other currencies. This is not good news for the dollar.
Monday is the day we celebrate the incarnation of the Only Beloved Son of God: our Lord and Savior Jesus Christ. It should be a celebration, but let us concentrate upon Him and not just the tinsel, lights, and gifts. Think and meditate upon the fact that here was God coming to earth without the pomp and circumstance due to Him, but as a helpless baby. He left His glory in heaven to take on the humble form of man. He lived a sinless life, that He, the Perfect Lamb of God, could take our place and die on a horrible cross to satisfy God's justice for all the sins of His people. In this one act, He justified us before His Father. We are reconciled with our Creator, not through anything we have or could have done, but by having the righteousness of Christ imputed to us. Praise Him often and continually for this, the greatest gift. Honor Him by corporate worship on a weekly basis.
Best to each, Doug
Many have lost interest in the precious metals markets. Wow, I have been a buyer of DROOY below $1. I have added to my holdings while other are selling out at these low prices. To me, it seems to be an opportunity to load up again before the next leg up for gold and silver.
Gold is off its recent low and currently at $618.30 with DROOY trading at $0.90. That, to me is a bargain not to be passed.
Though not in the main press, there is much about Iran demanding Euros for their oil and Asian banks beginning to replace their dollar reserves with other currencies. This is not good news for the dollar.
Monday is the day we celebrate the incarnation of the Only Beloved Son of God: our Lord and Savior Jesus Christ. It should be a celebration, but let us concentrate upon Him and not just the tinsel, lights, and gifts. Think and meditate upon the fact that here was God coming to earth without the pomp and circumstance due to Him, but as a helpless baby. He left His glory in heaven to take on the humble form of man. He lived a sinless life, that He, the Perfect Lamb of God, could take our place and die on a horrible cross to satisfy God's justice for all the sins of His people. In this one act, He justified us before His Father. We are reconciled with our Creator, not through anything we have or could have done, but by having the righteousness of Christ imputed to us. Praise Him often and continually for this, the greatest gift. Honor Him by corporate worship on a weekly basis.
Best to each, Doug
posted by Doug @ 2:38 PM
0 Comments:
Post a Comment
<< Home