I first just posted this as a comment to a previous post of mine but it just kept pulling me to make a separate comment about it. A year ago, a very small minority of professionals foresaw what has now taken place in the markets. I was one of them. I’m not gloating but it [...]

  U.S. Stock Market – Sorry to say it but the U.S. stock market is getting uglier. The “bounce” off the October lows have been feeble while breath is far uglier on down days versus up. Meanwhile, the fundamental news is getting worse. I believe Paulson’s “switch” from using the bailout monies to buy up [...]

As per the news release of Nov.17, Farallon Resources announced the First Quarter Fiscal 2009 results and provided some clarity on the short-term working capital situation as Farallon ramps-up the G9 deposit to the full design capacity of 1,500 tpd by January 2009. With cash and equivalents of about $16.9 million and a further financing [...]

Should We Save the Big Three? A great debate is underway on the pros and cons of saving the Big Three automakers. Most politicians and unions have expressed a strong desire to bail them out. Some say if we can throw $1 trillion to save the financial system, what’s just $50 billion to save the [...]

The Love of Money is the Root of All Evil It took me nearly 52 years to finally realize that money was my real God. I’m now a recovering materialist. This doesn’t mean I shouldn’t have any economic drive. The Bible doesn’t encourage laziness (nor is there anything on retiring). Working responsibility started with Adam [...]