A NOVEMBER TO REMEMBER

We are very concerned all the "issues' we have spoken about over the past year are quickly culminating into some sort of capitulation. As the quarter nears end.. the herd is squeezing into it's most favored positions....cash and bonds....ex stocks. Gold holds and remains controversial....a positive.

We think Europe/ Euro could be the wild card....and the Middle East.....without any real leadership....the Western world is rapidly facing the debt wall.....government budgets no longer make any sense and are not affordable.....the pending November elections have everyone running for the doors at the worst possible time....i..e...they should be working harder than ever to square books....they are not.

Double dip is gaining traction...nobody is going to hire, risk capital, buy homes or businesses until the current rule of law is enforced and Congress stops writing new laws every week....NOBODY!

The general population feels far too complacent right now with so many moving parts so out of control.

Danny Boy seen here in the tall green grass staying cool and hiding for the balance of the summer.