Friday, September 10, 2010

Monday Morning Radio Spot

Markets are higher to start the week off. 27 countries agreed on new capital requirements banks and China's industrial output surged. Financial stocks are leading the charge along with rising oil prices. Economic news that might drive the markets this week. Tomorrow, retail sales and business inventories in the US and productivety numbers are out in Canada. Later this week manufacturing, consumer sentiment and inflation numbers are out in the US.


Advisor analyst featured 9 bullish arguments for gold this morning. Seasonally, gold tends to shine in September as buying increases prior to the start of the fall wedding and festival season in India. On Friday gold stocks rallied because the Bangladesh Central bank bought 10 tons of gold. Gold has also performed well when markets haven't and the stock markets have historically underperformed in September. However, so far that doesn't appear to be the case this year but for gold bugs looking for stocks with great return potential call me at 868-5525 or visit yourlifeyourplan.ca.

Labels:

0 Comments:

Post a Comment

<< Home