Always engaging, Jim Dines published again this weekend and his view of the markets, the world and investing psychology are a healthy read. Here is a brief review.
The shift from an oil-based world energy market to a uranium-based world energy market is in full swing. It also is early in the paradigm switch and fortunes will be made investing in this theme in the next 10 years.
Dines suggests a novel tactic, he calls, "The Attacking Retreat". Pull back all troops into the empty desert.
"...and when enough Iraqis get killed, including the hotheads, they might realize that we are trying to be a stabilizing force.....It puts America into a no-lose position, because if al-Qaeda took over Iraq they would be right where our military could get at them from out of the nearby desert. But if Iraq successfully took care of its own house, we could then get out of there and stop squandaring American lives and funds."
Gold and Silver
In still early stages of bull markets.
Mixed signals, but impressed with how the market is holding up in spite of all of the havoc in the world. A bump in the road can happen at any time but doesn't expect it to be very long nor deep.
Holy shit, here it comes. Party on.
"The High State is to do your very best in life and then enter the High State of Detachment from Result."