GOLD Hits $1,144.20

all that glitters is not gold

hold 'em or fold 'em?

Gold is ready to correct. The bulls are saying $1,300 in six months.
I say the top is near, very near.

What will be the change?
It is a mystery clearly.

DOW 11,000, Backing and Filling Over?

Solidly over 10,000 again after a period of consolidation

Will 10,000 be support now on the way to 11,000?

I see that as most likely.

11,000 by December 15? Very likely. But after that consolidation should resume.
Why? Because the dollar will not keep falling forever. A dollar recovery in 2010 is very likely and will make market gains more difficult.

What about gold? New records today. Could top out around $1150

Don't be afraid. Be rational. Use reason.
What would a reasonable person do?

Expectations....Expect The Infinite

Tendency is to go through life with some high expectations
And to look at what the other guy has
And to expect the same or more.

We like to have more.
We like to feel like the winner or the best

With a normal outlook we can't all be the best

We fall short and feel bad
Feel bitter
Life is a bitter pill

You could mitigate this by lowering your expectations
But that would only half solve it
You would still be having expectations
You could still be disappointed
You could still get bitter about it

Or you could wake up and have no expectations
By living completely in the present
By accepting totally the amazing gift of each infinite moment

What is real?

Compare your own personal experience with what is presented to you by mass communications.

There is a solid disconnect.

They claim thousands die of influenza every year.
I tried to think of any personal knowledge I have of someone who died of the flu. I couldn't think of even one! Finally I remembered a relative who died in the 1918 epidemic. That was it.

On the other hand, I have had lots of personal acauintance with automobile deaths.

The world I see every day is pretty good and wonderful and even delightful. That is the real world. I hear of so much bad stuff, but that is not my experience.

What is your experience?

Abundance

We live in an abundant world.

There is plenty of sunshine, and air.
Lots of oxygen.

Things are going well.

Let the flowers grow!

$4,500 per person

The U.S. budget deficit hit a record $1.4 trillion in the just-ended fiscal year, the government said on Friday, as the deep recession and a series of bank rescues cut a gaping hole in public finances.

wow!

That is a lot of money.

Comes to more than $4,500 per person.
For my little 4 person unit that is $18,000.
What did we get for that?

I don't know how to take it.
Maybe we really don't have to pay it back?

10,000 bull market goes on

Today the DOW 30 closed above 10,000 for the first time in over a year.
What a difference a year makes!

The next expectation is DOW 11,000. There may be some backing and filling but the next 1000 points should come quickly.

Don't ask why. Speculators never die, and are always reborn.