Buy Sgnal for gold and Major Gold Producers

The broad markets remain in a correction bear market mode except for NDX which has given a P&F buy signal. My readers will recall that for a buy signal for the broad markets I use the IBD signal which also must be confirmed by "Dow Theory"

Most of my readers have noticed the "Name Change" for this blog. The extreme market conditions and rapidly changing political and economic conditions of the past 2 years are the harshest financial environments of my life time. I have been involved in a study group led by my wife, Margaret in a book "The Divine Conspiracy". Margaret has been part of the "Centurian Program" led by the Chuck Colson ministries. A new world order or currency may well be the result of the currrent "Financial Conspiracy" we are now living thru. I have never been a "Gold Bug" but for the first time ever I am considering purchase of gold coins and a hand gun.

On a personal note I have been saddened by the CVA and coma sustained by my close friend Rex Russell M.D.--author of "WHAT THE BIBLE SAYS ABOUT HEALTHY LIVING"--During this past week I attended the funeral of my younger son's father in law Erwin Wood of Houston Texas and the funeral in Tulsa of a close college friend (I have known his wife for 62 years) Dennis Arnold who died of lung cancer. The deaths of close family and friends always causes me to reflect on "what matters most"--my deepest committment--my search for the simplicity that is found in Christ and the guileless candor of childhood--I am reminded to seek as the poet William Cowper exclaimed of God:
"Deep in unfathomable mines
of never ending skill,
He treasures up his bright designs,
and works his sovereign will."

I find in time of mourning and loss of family and friends my greatest comfort in accepting "His sovereign will" comes from old hymns of faith (La 3:23) and from the Old Testament Psalms: "My soul is weary with sorrow; strengthen me according to your word." Ps 119:28