Thoughts on Markets

Tuesday, December 14, 2010

Biblical Comfort & Peace of Mind - HHWW - FVITF - BULM - SILA - OLVRF - Treasuries

Folks, 

There is great comforting news in Roman 8:28 for each and every one of God's chosen family, as follows: 


"We know that all things work together for good to those who love God, to those who are the called according to His purpose. For whom He foreknew, He predestined to be conformed to the image of His Son, that He might be the firstborn among many brethren."


What a blessing! What comfort! What love the Father has for His people! We rest in the biblical promises of our loving God. Let us, moment by moment, praise Him and give Him the glory and honor He deserves during this Christmas Season. Let each of seek first, last, and always the Kingdom of God and His righteousness. Let us live it 24/7.

It seems as though HHWW may well be a hype driven stock. The recent news shows the company expanding into Brazil and other countries. It also had a recent sale of restricted shares to have funds for expansion, etc. I do not like the very high volume on a down day. That is scary. I do not have this in my portfolio, though I had for a time thought I had missed a good buy as the volume was increasing as the price rose. However, that drastic drop on the significant down move could have come from some folks cashing in on the profit or a failure of hype to perpetuate the upward move. Time will revile this.

































From TheTelegraph.co.uk:
Market alarm as US fails to control biggest debt in history
US Treasuries last week suffered their biggest two-day sell-off since the collapse of Lehman Brothers in September 2008. The borrowing costs of the government of the world’s largest economy have now risen by a quarter over the past four weeks. HERE.

From PragmaticCapitalist:
THE #1 REASON TO BE SCARED RIGHT NOW….
The fact that no one else is.   The VIX is fast approaching levels that are consistent with very high complacency. I know, stocks don’t go down, the economic recovery is here, it’s a “win win” market, etc.  But the VIX sinking below 17 is a sign that investors are increasingly confident removing hedges and leaving their portfolios exposed to greater risk. HERE.

From KingWorld.com:
Richard Russell - Gold = the Biggest Bull Market in Our Lifetimes
This is an interesting commentary by Richard and is a worthwhile read. HERE.

From Zero Hedge:
Water, Meet Blood - JP Morgan Admits To, Reduces Massive Silver Short Position, Proves Millions Of Conspiracy Theorists Correct
This is more on yesterday's article on the banks considering intervention not manipulation, but part of their jobs. Thus, this was never a false concept as the conspiracy is confirmed.  HERE.

From Mine Web:
Silver shines in India on China woes & higher gold price
Silver is set to see some relief buying in India, given the lack of movement on Chinese interest rates. India could import 20% more of the white metal this year, to keep pace with the growing demand. I still am partial toward silver as the Silver Gold ratio remains much higher than the normal 16 to 1. HERE.




From Mine Web:
Three phases to the gold bull market
There are seen to be three distinct phases in a secular gold bull market and we are probably only in Phase 2 at the moment. I fully understand the 3 phases and believe we are moving closer to phase 3 which is the gold rush we experienced in late 1979- early 1980. That will be exciting (I must find a more expressive term, because exciting is much too mild as there will be awesome leaps in price of the precious metals every day.) and the time when I plan to be a seller of mining stocks and looking for other assets to purchase. In fact, the use of those dollars or whatever currency it is at that time is a puzzling question. Where should I put them? Still trying to come to some conclusion. I certainly do not want to sit there with ever worthless unbacked paper currency. I trust that the Lord will provide some insight when the time comes. Read the interesting article HERE.

From Mine Web:
Gold: Don't be fooled by supposedly contrary indicators - Nichols
Despite last week's gold-price retreat, economic trends and prospects in the U.S., Europe and China will actually support rising prices in the year ahead. Amen! HERE.



Miners from Scottrade.com:


Currencies from Kitco.com:


Some Prices: FVITF  4.4196; BULM 1.17; OLVRF 1.398; HHWW 1.579; SILA 0.41; TBT 39.17 (20 year Treasuries are down again.); DOW up 55+ to 11484+; SPX up 3+ to 1243+; Gold up 3.30 to 1397.80, and Silver down 0.08 to 29.47 ( both metals are holding up well in spite of capping.

Best to each, Doug

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