Gold to New Highs - Silver Up - Markets Up - Miners Up

God has given us a pattern for all of life. We must follow it to have success and peace in life. One guide is found in Proverbs 12:31, " The horse is prepared for the day of battle, but victory belongs to God." Thus, we diligently work study and prepare for our days, our work, our investments, everything in life. But we must always give the glory to God for our successes and for our failures. He very often does not give us the success we seek, but provides failure for us to redirect our efforts to better paths. So, even in our perceived failures, He is guiding us. Praise King Jesus daily.

From MineWeb.com:

Update: Bulls beating bears on gold and silver prices
Gold and silver prices continues to move upwards overall, but the path has not been a smooth one with bouts of profit taking bringing so far relatively shortlived falls. True, but for how much longer without a correction. HERE.

From MineWeb.com:

Gold hits new record as dollar continues to fall

The US currency fell to its lowest level this year against a basket of currencies which helped boost interest not just in gold but also in other precious metals. A falling dollar is the only way for the U.S. to ever, if it does, pay off its mountain of debt. HERE.

From MineWeb.com:

Silver producers set to shine as the metal outperforms gold

Analysts say silver equities could provide an attractive option to investors looking for a portfolio diversifier as the metal is expected to outperform gold. I believe this, too. HERE.

From MineWeb.com:
Momentum to propel silver price to new levels.

While silver's recent price rise has a few echoes of what was seen in 1980, the 33% rise since July could see the metal hit some resistance between $23 and $25 an ounce. HERE.

From CNBC.com:

US Cities Face Half a Trillion Dollars of Pension Deficits

Read it HERE.

From GATA.org:

Murray Pollitt: Economic hallucinations
In his latest market letter, Murray Pollitt of Pollitt & Co. in Toronto complains that the financial press will never report seriously about the vulnerabilities of government currencies and other debt instruments. "The signs are all there for an earth-shaking currency collapse," Pollitt writes, "but we are all like a bunch of rabbits, glued to the highway, mesmerized and immobilized by the glare of an oncoming 18-wheeler."  Read this HERE.

From Stratfor.com:

Syria, Hezbollah and Iran: An Alliance in Flux

By Reva Bhalla
Iranian President Mahmoud Ahmadinejad arrived in Beirut on Oct. 13 for his first official visit to Lebanon since becoming president in 2005. He is reportedly returning to the country after a stint there in the 1980s as a young Islamic Revolutionary Guard Corps (IRGC) officer tasked with training Hezbollah in Lebanon’s Bekaa Valley. A great deal of controversy is surrounding his return. Rumors are spreading of Sunni militants attempting to mar the visit by provoking Iran’s allies in Hezbollah into a fight (already the car of a pro-Hezbollah imam who has been defending Ahmadinejad has been blown up), while elaborate security preparations are being made for Ahmadinejad to visit Lebanon’s heavily militarized border with Israel. Ominous or certainly could be. HERE.

Miners from Scottrade.com:

Currencies from Kitco.com:

Some prices:  FVITF 3.37; SILA 0.875; BULM 1.185; TLT 103.38 (Bonds up a bit); DOW up 14.5 to 11110.84; SPX up 0.65 to 1178.75; Gold up 5.50 to 1377.40; Silver up 0.52 to 24.57.

Best to each, Doug