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In the same category 
It's time to go fishing
Published : November 19th, 2007
491 words - Reading time : 1 - 1 minutes
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Well, the U.S. Dollar Index is heading for the cellar and gold is heading for the moon. Of course, a falling Dollar Index simply means the value of a dollar is falling faster than the other unbacked fiat currencies, which it is measured against are falling. In a world of rubber yardsticks, it is hard to find anything to accurately measure with these days. Of course, don't be surprised if the dollar bounces a bit before it continues its slow inevitable decent to its intrinsic value of zero.

In the middle of this latest crisis with rising oil prices, a falling dollar, pending war with Iran, and the debt crisis many people have called me and asked for financial advice. If they have been listening to me all along, they should be fully invested in precious metals, precious metals mining stocks, energy stocks (oil, natural gas, uranium and alternate forms), defense stocks and few select foreign i-shares.

So, when friends of ours e-mailed me and asked us to come to Bozeman, Montana and go fly fishing, we just had to say 'yes'. Puddy and I flew up and spent a week fishing, relaxing, watching the elk, resting, reading and viewing some of the most spectacular scenery in the United States. While I did not catch fish quite as good as Brad Pitt in the movie, "A River Runs Through It" (which was filmed in Bozeman), I did manage to catch a couple of trout. But, more importantly I "caught" a relaxing few days, in the company of good friends, in an extraordinary setting. The time we spent visiting our friends was medicine for my soul. I was able to leisurely go off fishing because I was positioned to take advantage of this crisis before it hit.

It's more important to be invested in the correct sector than an individual investment within that sector. As long as you pick the right sector, and then diversify within that sector, you can weather a storm with confidence. Just trust your judgment, don't panic... then go fishing and relax. (You can count your profits when you return.)

Remember to live your life well with family and friends. Then, you will truly be wealthy beyond measure.

Oh, and if you have not invested in those sectors it's not too late. There is still plenty of upside left. Don't delay, put your investments in order today and next time the financial storms rage, just relax and go fishing. Give me a call if you have any questions, and I will be happy to share my thoughts with you.

Wisdom is the reward you get for a lifetime of listening,
when you'd have preferred to talk.
" -- Doug Larson

 

 

 

Larry Laborde

Silver Trading Company

www.silvertrading.net

 

 

Larry lives in the occupied South with his wife Puddy and sells precious metals at the Silver Trading Company.  Larry can be contacted at llabord@aol.com.  You can view his web site at www.silvertrading.net.

 

 

 

 

 

 

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Larry Laborde

Larry lives in the occupied South with his wife Puddy and sells precious metals at the Silver Trading Company. Larry can be contacted at llabord@aol.com. You can view his web site at www.silvertrading.net. Silver Trading Company is committed to providing silver and gold at the most reasonable price directly to their customers.
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