Wednesday, November 15, 2006

Optimism Rules

Alot of people I talk to lately are highly optimistic about the state of the U.S. Economy. This does not make them an optimist or me a pessimist. I am highly optimistic about the oportunities presenting themselves in precious metals, base metals and the global economy.

With all of the U.S. Economic optimism, it makes me wonder about the following headline from Reuters:

"NEW YORK, Nov 15 (Reuters) - The yield spread between 10-year and two-year Treasury notes briefly widened to 20 basis points on Wednesday, marking the deepest inversion since December 2000. (Read entire article here)