Thoughts on Markets

Wednesday, December 30, 2009

Looking Forward to the New Year with a New Beginning

From Ed Steer's Gold and Silver Daily: "In a Reuters story yesterday, I see that the European Central Bank weekly statement indicated that there was no change in "gold and gold receivables". And as I've pointed out many times this year, dear reader, it's not the central banks of Europe that are selling gold into this market. This market management exercise in the precious metals is... as it has always been... a "Made in the USA" operation."

Both of our precious metals have been hit hard by the American boyz backed by the Federal Reserve. We should praise Ron Paul for trying to audit the Fed.

I'm looking into the following two stocks AXIH and AENY. I wonder if they are driven by actual value of new processes or is it just from hype. The first one seems to be having good success with a newly developed material from recycled milk cartons replacing wooden bridges. Allegedly, the new material will last some 50 years while wooden bridges are rated at 15 years. I have put in a buy order for a few shares of AXIH @ 2.90. We shall see. If any of you have any information on these two, I would appreciate having it. Thanks, Doug

From Forbes.com:

Silver Investors Ordered To Keep Gripes Off Web

By William Barrett,12.28.09, 12:30 PM EST

Judge bars angry Monex customers from posting negative comments, even if true.

If you start a Web page to attack a company that cost you $32,000, don't offer to take down the site for $20 million--unless you first file a lawsuit.That arguably is one lesson from a strange case with interesting First Amendment implications now winding its way through the federal court in Orange County, Calif. Read it HERE.

View the video 2010 HERE. "Take back America in 2010." A great idea!

From Gerald Celente interview: Terror Strikes Probable in 2010 (Part 1 of 2) See it HERE.

Both of the, above, videos are worth the short time it takes to view them. I highly recommend that you take the time to view both.

Miners from Scottrade:
Currencies from Kitco.com:
Some prices: FVITF 1.96; BULM 0.65; AXIH 2.96; AENY 3.56; BYDDF 8.63; DOW off 13 at 10532; Gold 1089, and Silver 16.77. By the way, the premium on Sliver Eagles and Maple Leafs has increased a good bit. Better shop around if you buy.

Let us pray that the Lord will lift His hand of judgment upon America which has left its early first love demonstrated at our founding. His people must humble themselves before Him, repent, turn from there sinful ways, and be obedient to Him. Else we are in for destruction. The once great America is on the ropes at present. Let us restore the City of God which was envisioned by our early founders during 2010. That would be great!

Best to each, Doug

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