_________________________________
As we enter the season of the Fisher of Men, I’ll humbly advance a fisherman’s theme this night.
This is a time of nervousness and possible discord in the markets and in the civil society. Revenue strictures have led to a fraying of the social contract, and the casual derision many aim at the government bureaucracy has curdled to something more angry. It’s tough to watch state employees rioting about having to pay a portion of their health benefits when real unemployment levels hover in the double digits.
Maybe this is a good time to repent?
In any case, this is certainly a decent time to make like a fisherman on the Sea of Galilee and throw out one’s net for certain gold and silver plays that you’ve perhaps let slip in the past. You are familiar with the number of headliners that I’ve chosen to lead my portfolio and I won’t bother repeating them here. Any number of them are available on sale right now, and I continue to believe the silvers will remain the leaders, but tonight I’ve decided to illustrate one of my favorite gold picks.
I think there’s a relatively easy buy point here, provided there’s not some sea change in either the dollar’s direction, or the overall market. Behold:
How fortunate we are to be able to cast out our nets in such waters and bring up large gaping lunkers!
Mazel tov.
___________________________________________
Comments »