A Blessed New Year to Each of You

Above, is the Stock Charts graph on GDX (mining stocks ETF). This clearly shows the upward move in mining stocks which has been less volatile than the price of mining stocks for the last 2+ weeks. We are headed for a higher plateau in pricing. I am looking forward to a correction to replenish my trading shares of DROOY, HMY, and VGZ. Trailing stops are a nice type of insurance to protect profits, but they do tend to sell the stock on a dip and then we sit aside and watch the price continue upward. That is the downside of stops of any type.

Silver is moving upward nicely. Were it to stay above $11.00 and hold there for a while, we could see it sprint upward again. However, it is likely to be capped at about $11.00.

Gold is moving ahead well, too. The price seems to be following the pattern established on December 31st. However, it is above the curve so far today. Gold is presently 874.60 and silver 11.20 with both on a down tick.

The following new posting by James Turk of Gold Money shows us that both gold and silver have done well for the last several years:

Gold Climbs Again - Eight Years in a Row

Read it HERE.

None of us is perfect, in fact we are far from it as Bloomberg on the often proclaimed master of investing:

Buffett Has ‘Nowhere to Hide’ Amid Berkshire’s Plunge
By Hugh Son

Jan. 2 (Bloomberg) -- Billionaire Warren Buffett's Berkshire Hathaway Inc. slumped 32 percent last year, the worst performance in more than three decades, as the U.S. recession forced down the value of the firm’s equity holdings and derivative bets.

You can read the article HERE.

More on auto slump from Bloomberg:

GM, Chrysler May Lead Sales Slide to Cap 16-Year Low

By Alex Ortolani

Jan. 2 (Bloomberg) -- General Motors Corp. and Chrysler LLC, bailed out by $13.4 billion in federal loans last month, probably led a decline in December U.S. auto sales that capped the industry’s worst year since 1992.

Read it HERE.

Our economy continues to weaken. The automobile industry is but one of many which are in trouble.We have yet to see the light at the end of the tunnel. All the bailouts have not succeeded in ending the recession.

More news on Mid-East War from Bloomberg.

Israel Lands New Blows as No End in Sight to Fighting

By Peter Hirschberg and Saud Abu Ramadan

Jan. 2 (Bloomberg) -- Israeli warplanes conducted fresh attacks against Hamas on the seventh day of a bombing campaign in the Gaza Strip and Palestinian militants hit a southern city with rockets as chances of a halt to the fighting dimmed.

Read it HERE.

As we welcome the 2009, we must plan and follow through to study the Scripture more diligently. The Bible gives us God's plan for man and orders us to take dominion under God of all within the environment in which we have been placed.

We can do this at a very early age. For example, children should be instructed to honor the cultural mandate by cleaning and maintaining their room in order. God hates chaos, children should respect this by keeping their area clean and straight. They should, also, learn to put games back in order after they have used them.

As adults, it is important to set a good example for our children and others who come into our home. God is a God of order and decency. We display this by the way we maintain our home, vehicles, yards, and offices.

We are to be fruitful and multiply and fulfill our task of bringing all of the world to the knowledge that God is the Ruler of all. We are to work to bring all of man's institutions into submission to King Jesus.

Both the Father and His Son send the Holy Spirit to work in our lives by giving us the wisdom, the will, and the power to get this task accomplished.

So for this New Year, let us commit to bring order and decency into every area of our spiritual and physical life to the glory of God for the furthering of His Kingdom throughout the earth.

Best to each, Doug