Here’s a great article about what the U.S Government is telling the public versus what is really going on in the job market, the U.S debt and where the American social system is going.
Have a read of the CBS MarketWatch article:
The Three Biggest Lies About the Economy
I recently bought some contracts in iShares Silver ETF (SLV) for Jan 2011 @ $19. Why am I now looking into silver, my reasoning behind it is that the stock market at this point may have topped and for the rest of the summer most likely will go down ( as mentioned in last article). In light of this, GOLD and SILVER have an inverse relationship to the stock market, so my speculation is that within the next six months when the stock market goes down the price of silver will be rising. The iShares Silver ETF is currently trading at $18.43, and I am speculating that it will be above $19 by years end.
The recent run up in the stock market allowed me to close the positions I had in the two stocks that I have been following which were BBD.A-TO and MVIS. This is a relief because I wanted to make sure that I am not holding any stocks from this point forward, until some bargains presents itself.
Currently, I am only trading 2 stocks, Microvision (MVIS) and Bombardier (BBD-A.TO), however since I got into the trading positions for these 2 stocks the stock market is having trouble setting a direction.
On the charts it would seem that both stocks have hit a bottom, and all I am looking for is a movement of about $0.15 to $0.18 and I get out….however it seems that the stocks are struggling to even move that little in price action.
Currently most of the Android smartphones out there run Android OS version 1.5 to 2.1. Rogers.ca offers some of the newest Android smartphones like the Sony Xperia X10, HTC Magic, Motorola Quench and LG Eve, however even though they are the latest smartphones that Rogers Canada offers, don’t get me wrong they are great multi-function phones, but those phones are still running Android versions 1.5 to 2.1.
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