Invest It Wisely

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Weekend Reading: Osama, Harper, and Commodities Edition

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NEW YORK, NY - MAY 01: Thousands of people cel...

Image by Getty Images via @daylife

Talk about a lot of events that have happened recently! Osama Bin Laden was killed by a group of Navy SEALs, Canada’s Conservative party won a majority mandate, and gold, silver, and oil have crashed hard, bringing the Canadian dollar down with them. It looks like the long awaited correction (for some) is finally happening.

So, reader, what do you think about the downfall of Osama, and what effect do you think it will have on terrorism around the globe and US foreign relations?

How about the recent election of the Conservative party? How do you feel about a Canada with Harper at the helm of a majority government?

With commodities crashing, are you ready to buy back in on the dip, or do you think this correction still has a ways to go?

Without further ado, here’s some great weekend reading:

Weekend Reading

PF Bloggers
Economics and other news
Videos

I am grateful for the thoughtful comments and support from you, my reader; thanks for stopping by!

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Comments

  1. I don’t mind commodities crashing Kevin simply because for me oil will end up trading on fundamentals at a sustainable price which is excellent news for my oil stocks!

  2. I am thrilled Osama is dead, and I am sick of some people saying ‘well he didn’t really have much influence anymore’. How does anyone really know how much influence he had? He was living right by a military academy (or whatever you call it in Pakistan). Not to mention he was just pure evil.

    Regarding commodity prices, come on down!!! Don’t know if I will buy on the dip, but I like to see the prices dropping in case I do want to dive in. Of course, I should have bought silver at 17 like I almost did last year, but hindsight is always 20/20.

    Thanks for the link!

    • It will be interesting to see how this impacts US – Pakistan relations, and I find it interesting that the U.S. performed the proper burial rites… at least as I saw reported. No matter what the circumstantial facts may be we can be glad there’s one less person in the world bent on the murder and destruction of others.

  3. I think there is something downright wrong about the Osama narrative. Maybe I should use the plural–narratives. Almost every detail of the original story has changed. And why would he be killed, when, if the tales about him were true, he would be a potentially huge source of information? Something just doesn’t add up.

    • I personally wonder if the job could have been done sooner had the U.S. not gotten bogged down in Iraq so I wonder about the timing as well. I’m not sorry to see him go but at the same time we should understand where these people come from in the first place and what makes them tick, so we can stop adding fuel to the fire.

  4. Thanks for including me. Pure evil has been put down which is good, but we all still have to be careful. Gold, silver, and oil crashing is about time. Sell in May? Looks true at this time. But we all know how things can change in a blink of an eye. Anyone buying on this dip? Looking back it will be obvious, but when you’re in it, easier said than done.

    • I agree, this also brings some closure to many people in the United States and I hope that families of the victims can find a bit more peace now. The thing about pure evil is that it never believes that it’s evil, it only seems evil to the rest of us. I sometimes think back to WW2 and try to imagine how an entire population could have been swayed by Hitler, but the fact that it’s possible shows we really need to understand how these people form in the first place and how they are able to gain such momentum.