The Next Step

I am headed out for Winnipeg, Manitoba this AM. This is perhaps the only major Canadian city I have never visited. We are off to perform a due diligence trip on Carlisle Goldfields.

However this AM I am back to reality and confronted with an incredibly poor GDP results for the second quarter of 2011 and worse, virtually no consumer demand that was reported yesterday. Last month the economy grew only 1.3% nearly .5% lower than expectations. Fourth quarter GDP forecasts were revised down today to a stunning .4%.

Written by Michael A. Berry, Ph.D. - [ Discovery Investing Web Site ]