The market is up, but the dollar is down and the Euro is showing the possibility for a sell-off.

November 11, 2011 – This Veteran’s Day the first thing I did was call up a buddy I graduated with and thanked him. I was thanking him for his service, but it was a personal thank you as well. On one of his nine tours, he came back stateside to a young family and knew he had to protect them in an uncertain economy. I have always felt our country should provide a better, more stable economy for our veterans.

And I feel it today as the Dow regains what it lost on Wednesday, showing how dependent the stock market is on news coming out of Greece and its cousin, Italy. Right now, you can’t sneeze in the Mediterranean without feeling it in New York and that’s what scares me about the markets.

This instability is showing elsewhere. The big indicator is in the foreign currency exchange markets. The market is up, but the dollar is down and the Euro is showing the possibility for a sell-off. This on the heels of the IMF’s report on last week’s G-20 session in which it blatantly stated that the recovery remains in a near-stall in the major advanced economies and there is an elevated risk of slipping back into recession.

Ten years after 9-11 changed our lives forever, ten years of service from the best of America’s young men and women, I would have hoped for a better climate in which to thank our veterans. For me as a young worker, investor, and analyst, the veteran’s involvement in the Occupy Wall Street movement is understandable but does not account for the injustice of bankers getting away with extreme crimes while veterans lose their houses.

My buddy started investing in gold a year and a half ago and thought the price was high then. As gold has regained over 60% from the September correction, my buddy and I are still buying with good reason. As the Euro and US dollar continue to languish and worse, gold will survive as a font of stability in the uncertain market.

Kevin Johnson

Senior Staff Writer – GoldCoin.net