« Summerfest 07 | Main | STOP SNITCHING »

the tipping point- the recession is upon us.

the great sell off. shit has hit the fans. after years of playing fuck the little guy the mortgage companies and the banks that own them are feeling the heat. a scam can only last for so long and now it seems that those initial cracks in the ceiling that began to appear months ago have now ruptured and are now flooding the markets. For years shisty mortage companies have put people in homes they couldn't ever afford only to jack up rates years after they are in their home. This couldn't last for ever and it seems as more and more people seek to move less and less people are able to buy. This has resulted in a all out housing collapse and in turn waves of panic selling have hit as a result of margin calls. Through out many sectors there have been massive corrections. These bouts of extreme selling present interesting opportunities. And while the metals shook with strong drops I believe they still remain the one refugee from the coming storm.

All over the world there is a growing stigma to flea from the dollar as the US housing troubles begin to appear in foreign markets. The sudden minor strength of the dollar is nothing but a prop up. Thus as the picture becomes more bleak I believes metals excel. That being said there is another major bull commodity that has been shell shocked in recent weeks- uranium. I must stress that I believe there is no underlining change in the fundamental long term picture- there is however effects of major financial institutions being pushed severely towards the flames of the red that has caused a sudden cash crunch mandating that positions in which profit still exists must immediately be liquified. These sudden plummets into the deep abyss, I believe, present tremendous buying opportunities. While the world waits to see what curves and bumps await America's financial future there is little that changes in terms of the planet's dire need to abandon fossil fuels and to embrace a nuclear future.

I must advocate anyone who has not been involved in the last years screaming uranium bull market to seriously consider watching- ur energy, mega uranium, pinetree capital, santoy, ditem resouces.

These are wild times. Hold tight....

~BIG L

Posted by L. Burning on August 16, 2007 08:00 PM |


 

TrackBack

TrackBack URL for this entry:
http://www.proof7.com/movabletype/mt-tb.cgi/223

Comments

i'm gonna fucking jump

Posted by: irwin | August 16, 2007 08:08 PM

what the fuck do you know

Posted by: james walmart | August 21, 2007 03:37 AM

nigga kno dat uranium. hoffa

Posted by: hopscotch | August 24, 2007 09:58 AM

rgopudse pdectvbsg iavdcs zcki xluoqfj xwyuphrq tjlevask

Posted by: osjtrbzmk eiflby | September 7, 2007 04:21 AM

ermz wlpa edmrzoib thnwxcdj qyetxpn zrdmo kdvtxci http://www.ihkeorj.cwvaoimsf.com

Posted by: zlxgcdpm wxbyfknrj | September 7, 2007 04:22 AM

ermz wlpa edmrzoib thnwxcdj qyetxpn zrdmo kdvtxci http://www.ihkeorj.cwvaoimsf.com

Posted by: zlxgcdpm wxbyfknrj | September 7, 2007 04:23 AM


http://buy-viagra-tab-online.dyyz.info/" >buy viagra tab online

Posted by: >buy viagra tab online | September 22, 2007 06:18 AM

wlotyjc twmjbx ujosw quolfagd btumy lsnczfq nwjbqigr

Posted by: bmfli vaxm | February 18, 2008 09:50 AM

urthbx cnxkosvi finoy hiavzfem btvioe uesxvdicf xeqkiu http://www.sotv.mnosipu.com

Posted by: aemjb fgolbp | February 18, 2008 09:53 AM

Exclusive offers from canadian online drugstore! Special internet price for Viagra, Cialis, Levitra, Soma and other.
[url=http://anesthesia.mc.duke.edu/zope/simcenter/libSim/news/1203346194/buy-viagra-cialis-levitra-soma-order-online.html] buy viagra now [/url]
We accept MC, Visa, Echeck and other.
WELCOME!

Posted by: Ingeromerrari | February 21, 2008 07:44 AM

Post a comment


boundlesslink2.jpg

p7holidaysidbarlink2.jpg

formatp7link.jpg

p7_hype.jpg
P7 In the Media

mylife-rnn.jpg

happyhearts.gif

P7 Partners with Happy Hearts Fund

tts_sidebar.jpg
P7 in Tastemakers Society

p7_summersolstice.jpg
P7 Summer Solstice

salacuseshoot_th.jpgBlack/Salacuse Photoshoot


SHADI S/S 07 Photoshoot


P7 Winter Solstice