Bullish

I am not a student, only in passing, of the Great Depression, but I am appalled how people throw around that time and get everyone nervous. Yes, there is a credit and banking crisis, but if one reads closely, it has mostly to do with trust. The government is trying to amend that.

But when risk was at its highest, no one seemed to worry. Now the presidential candidates and the president have accepted the fact that we are teetering on recession. Aren't we already in one, and by that fact alone, when it is obvious to everyone, shouldn't we be getting out of one?

The only problem is as the cases with AGM, it dropped 1.80 since I bought it. And sold it. Not everything is going to go up, but the ones that do should go much higher.

McCain said 700,000 new jobs would be created by new nuc plants. The India - US pact concerning nuclear power is held up due to the financial crisis, so these two factors are putting a lid on price movement so patience is warranted.

But the current 700bln plan is bullish to my way of thinking. Also, for the dollar. But this is more contrary than anything. Gold is bullish, I believe, in non-US denominated currencies. Because as governments inflate their currencies and the US doesn't I don't think people are going to flock immediately to the US. But this is conjecture currently.