 It's Time to
Go Fishing
Larry LaBorde
Posted Nov 19, 2007
Well the dollar index is heading
for the cellar and gold is heading for the moon. Of course a
falling dollar index simply means the dollar is falling faster
than the other un-backed fiat currencies, that 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 ishares.
So when friends of ours emailed
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 "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 is 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 is 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
318-470-7291
website: www.silvertrading.net
email: llabord@aol.com
Larry lives in Shreveport, LA 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.
Send questions, comments or corrections to llabord@silvertrading.net.
"Please note that I am by no means a financial advisor and
all investments should only be made after performing your own
due diligence." -Larry
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