Who's Unscathed? ... the guy in the basement suite who drives a ford escort and works at MacDonalds.

By
Real Estate Agent with Remax House of Real Estate

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.

Posted by

Bryon Howard

ReMax House of Real Estate

Calgary, AB

For a free maket evaluation visit http://www.homeinsight.com/Widget/default.asp?ACJ2B351Q3YN

 

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Topic:
Real Estate Market Trends
Location:
Alberta
Tags:
recession
economic crisis
investment strategy
tim johnston
oil
gas
gold
silver
cycle
commodities
g
su

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Rainmaker
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Terry Miller
Miller Homes Group and Tyler Apartment Locator
Miller Homes Group

Thanks for the great advice. I will check back often. I really like the blog. I am new at blogging but I am beginning to learn quite a bit from reading blogs like the ones I find on Active Rain. If I can ever be of help just let me know.  

                                                                 Thanks, Terry

                                                                  Of "Now What?"

 

December 03, 2008 10:24 AM
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Rainer
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Bryon Howard

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Additional Information

Bryon Howard's musing on all things real estate, focusing on the opportunities in Alberta and Calgary.