The fact that everyone is pleading with both sides to stop the hostilities suggests that this is more serious than usual. Keep watching very closely. Oil could go either way. So could gold, especially paper gold. Physical gold is a pretty safe investment at today's prices ($880) -- oil isn't.
A very Happy New Year to all my friends here. Thank you for visiting my Compass.
Make your New Year Resolution be to levitate yourself above events and try to look at them from above -- as if you were a ruler, a god or even God Himself. If people seem to be talking nonsense, they ARE talking nonsense. In this world, if someone does something for you they expect quid pro quo.
Reading recommendations:-- Alan Greenspan's book
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David's comments on the 2008 financial crisis. David's views are private and not to be taken as investment advice
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2008
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December
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- Gaza
- 29th December Update
- Obama also said he wants to enact measures designe...
- Iraq
- The USA is now headless and directionless
- Sterling Crisis
- Oil price collapse signals instability
- Oil falls after a 9% OPEC cut - go figure!
- Fed Rate Cut -- what does it mean?
- US Car Makers may be forced into bankruptcy
- Dollars and Pounds and Euros -- and Gold
- The Global Village was
- Bush decides to tap TARP
- US Car Makers - Senate reject $14 billion bail-out
- US Treasuries Bubble
- They are wrong about deflation
- Monday 8th December
- Thursday 4th December 2008
- Monday 1st December
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