The Israeli ground assault on Gaza, all bets are off

11/16/2012 Portland, Oregon – Pop in your mints…

As we touched on yesterday, it appears that an Israeli ground assault in Gaza is imminent.  Amongst the information flow today is that Israeli reservists are being called up and that the Hamas rockets are now being directed at Jerusalem.

 

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While the first action is alarming, the second leads us to believe that this conflict could quickly spread beyond any initial analysis and lead to something much more dangerous for all of us.

As shabbat begins, we encourage all to pray for the peace of Jerusalem.

Stay tuned and Trust Jesus.

Stay Fresh!

David Mint

Email: davidminteconomics@gmail.com

Key Indicators for November 16, 2012

Copper Price per Lb: $3.45
Oil Price per Barrel:  $86.67
Corn Price per Bushel:  $7.27
10 Yr US Treasury Bond:  1.57%
FED Target Rate:  0.16%  ON AUTOPILOT, THE FED IS DEAD!
Gold Price Per Ounce:  $1,713 THE GOLD RUSH IS ON!
MINT Perceived Target Rate*:  0.25%
Unemployment Rate:  7.9%
Inflation Rate (CPI):  0.1%
Dow Jones Industrial Average:  12,588
M1 Monetary Base:  $2,458,800,000,000 LOTS OF DOUGH ON THE STREET!
M2 Monetary Base:  $10,333,800,000,000