Controversy. Manipulation. Conspiracy. Corruption. Enron lives on? There are many words to describe things we don’t understand and things we can’t control.
Last week, we mentioned that despite poor economic conditions and reports, the Dollar will sink and both precious metals and stocks will climb (see Two Birds, One Stone – The American Secret.)
This past week, all of those events came true.
But will this rally continue? More importantly, will gold and silver’s performance continue to beat the market?
The money is starting to pour in.
Hedge funds and institutions that once sat on the sidelines are beginning to show their strength. That’s why this past Friday, the markets roared.
Not only did new economic data show that demand for American equipment is improving, two powerful hedge fund managers came out with overly optimistic comments on equities…
No one is sure where our market is going. Not even Federal Reserve Chairman Ben Bernanke.
This Friday, Bernanke gave a small boost to the market by vowing to do whatever it takes to revive the shaky economy. He reassured Wall Street that the central bank will act if “unexpected developments” cause the recovery to falter. This brought the Dow back above 10,000.
Although the markets took a sigh of relief…
Everyone needs to eat. So while the light continues to shine on oil and gold, this past week gave centre stage to food.
In past issues of Equedia Weekly, we said this year would be the year for takeovers and mergers. The year is far from over and already we have seen some incredible takeover bids and battles. Just this past week, we witnessed yet another billion dollar deal: the recent takeover of McAfee by Intel for $7.68-billion.
Despite that deal, no other sector rang more prominent than fertilizer…