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First Asset Morningstar Emerging Markets Composite T.EXM.A



TSX:EXM.A - Post by User

Post by denharps54on Dec 17, 2006 10:26am
356 Views
Post# 11880566

Even with silver decline exm held up

Even with silver decline exm held up The tame inflation report killed gold/silver but I don't believe it. Took my 20 yr old daughter Christmas shopping at the mall and noticed two things. One it was packed on a Friday night but very few people were carrying packages thus few were buying. Secondly, my daughter and I went into Macy's in Cincinnati and when she looked at shoe prices it surprised her. She picked up several pairs remarking to me that even with the 30% off discount they were still double last year's prices. I believe that once the numbers come in for the Christmas season they won't be that hot. Lastly another sign that things are slowing down is that I have noticed about 8 restaurants have closed in the last 2 months around town. The Fed will have to do something to react to the slowing economy in the States which will be good for EXM as well as all PM stocks. When I tell people about Canadian Juniors they have no idea what the heck I am talking about. Once I show them some of the graphs their mouths drop. The word is getting out now in the States to buy gold though. It will be a good year for EXM in 2007 Good Luck to all Denny
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