GREY:TWNNF - Post by User
Post by
craziecanuckon Apr 18, 2011 11:38am
735 Views
Post# 18446599
Nasty Day!
Nasty Day!
This kind of day will cut the legs out from under almost any stock...may be a buying opportunity for those not already in or wishing to add.
Keep your eye on the fundamentals...U.S. & Global deteriorating financial dilemma for industrialized world (Canada is not exempt here, although we have done remarkably well and our economy continues to be one of the safest markets to invest in, attracting investment capital from around the world) & effect on amazing gold prices...increasing corporate earnings driven by strong growth in other parts of the world where inflation is becoming a problem which will further exacerbate the flight to gold...amazing gold discoveries in the safest part of the world.
The world's population and related economy is a huge juggernaut that stumble and falls sometimes, but at the end of the day it just keeps getting bigger and nothing can stop it or the desires of the billions striving for a better life and more "things".
This is what the corporate world feeds on and while profit takers, speculators and bears will drive down the markets temporarily, there is no better place to invest your money unless your are satisfied with low (boring) rates of return, than equities...and I like gold.
Fun, isn't it?