The Office of Disaster Preparedness and Emergency Management (ODPEM) has been reassigned to the Office of the Prime Minister (OPM) to strengthen logistical collaboration with the Jamaica Defence Force (JDF) post-Hurricane Melissa. https://t.co/GLr7DTYg3r
Gold is now down over $200. Quite a shakeout, but all of this volatility is occurring with gold still above $4,100, which was a record high last week. Bitcoin is catching a bid from this selloff, creating another window for Bitcoiners to sell fool's gold and buy the real thing.
$GLD just hit a new record high. But due to Friday's gold sell-off that scared out all the weak longs in precious metals mining stocks, the $GDX and $GDXJ are still about 7% below last week's highs. Far from a bubble, the gold trade is still ruled by fear, not greed. It's early!
The crazy thing about the gold stock rally is that despite stocks doubling or tripling, many are cheaper now than they were before the rise. Not only has the gold price surged, but the oil price has dropped. So profits will likely rise by larger percentages than the stock prices.
America was founded by rugged individuals who created government to secure their rights and leave them alone. Americans today want government to violate other people's rights, steal their stuff, and give it to them. The home of the free has become the land of the freeloader.
Always expect the best, because your mind shapes your path. When you believe good things are coming, you invite them closer. Expectation is the seed of reality.
To become the person you dream of, you must live as if you already are. Walk, speak, and think like that future self whether it’s the millionaire, the leader, or the creator. The path opens when you embody who you wish to be.