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,In the current environment, boats and boating equipment are easy budget line items to cut back on.The upturn, in our view, will be slow and take years for the industry to recover.This is based on the number of monthly ads appearing in selected sailing-oriented publications.Clearly, the trend in advertising sales as of Oct.2009 is still on the downswing.Unlike cars and houses, sailboats and yachts are not items which consumers need to have.As a result of that reality, whenever severe recessions blow through the economy, the boating industry is usually severly battered.Cruiser's rallies and races are continuing to be popular.
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,There are competitions for best country song, best love song, and even best sound-alike.Stress is everywhere nowadays, but there are ways to cope to make life more comfortable during tough times.I am not a doctor, but have had suffered with depression and anxiety in my past.Due to much therapy, reading books and learning different ways to relax on my own, my life has drastically improved.When stress happens, I automatically use techniques to relax my mind, that work well for me.Here are some ways to cope that I've used in my recovery, to help give peace and positivity during stressful times.When feeling depressed and stressed out, don't watch the news.
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,In one of his latest editions of "The High-Tech Strategist," he cites late 2007 as a recent example when the Indian gold market experienced a similar rough patch.That year, gold demand in India fell off a cliff after prices spiked more than $1,000 an ounce in one quarter, tarnishing the country's love affair with gold for a "brief period." Fred says their cultural affinity for gold as an important store of wealth and protection against inflation will drive Indian buyers back into the market.The trend was already changing in 2012, as UBS reported that the first day of trading saw physical sales to India were twice what they usually are, according to Fred.
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,International Monetary Fund chief Christine Lagarde royally annoyed European leaders when she called last August for a bank recapitalization.I wonder how they felt when the IMF upped its figure to billion two weeks ago.Nouriel Roubini is an optimist, by comparison he thinks it will only take billion.And Sarkozy wants the EFSF to bail out the banks, especially the French banks.Which would blow through most of the EFSF's assets, even leveraged.Of course, if each government has to bail out its own banks, then France will likely lose its AAA rating, which will make the EFSF lose its AAA rating, which Are we having fun yet? Let's Just Change the Rules I've always had a soft spot for Bunker Hunt.
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,CK: Yeah, it is incredible how cheap it is.I have had Rick Rule on the show several times and he speaks about this concept of optionality, which is you can buy gold in the ground for like you said $10.It is even as cheap as $1 to $2 depending on how low of the grade you want to go, and you just sit there and when gold starts to move back up the price of gold in the ground is going to rise tremendously maybe to $50, $100, $150 per ounce and that is quite a gain to be made.Bill, what kind of stocks - nothing in particular - but what is it that interests you in the gold mining today? BH: I would kind of use a barbell approach.
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