Nobody has been untouched by this current economic crisis ... other than the guy who lives in a basement suite, drives a rusty 1989 Ford Escort, and works at MacDonalds.
I just got off the phone with my friend Tim Johnston. Whenever I speak to Tim I get this sense of excitement ... that I know what I must do.
I should speak to him more often.
Tracing through the cycles of time Tim has watched Oil, Gas, Gold and Silver take off in each cycle when the calamity (recessions) hit. In August, that happened. Commodities went through the roof.
Tim believes that December will be the worst month. Retail sales will be down.
In the next 4-14 months Tim beleives there will be incredible buys on stocks, commodities and struggling businesses.
I'll be watching globe corp "g" and looking to buy Suncor "SU" in the teens.
Today globe corp is $32. Its high was $52 and low $17. Suncor is at $27.