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I have noticed a strange pattern in the financial world lately. We normally see gold prices react to the market conditions. It seems things have switched around now and we are seeing the gold prices affecting the stock prices on Wall Street. I have become very interested in gold, since the prices have shot through the roof. I have been looking for companies to invest in; which mine for gold or have some relation to gold.

I think my best choice is to get out and look for gold myself. I live in a region of North Georgia that is known for heavy deposits of the shinny metal. I have recently bought a gold pan and started to pan a few of the local creeks in my area. I haven’t found nothing yet, but I am still positive that I will find a little gold this summer. I plan to go on at least a dozen gold panning and searching adventures this year. If I can find one or two good spots for finding gold, I will step up my mining efforts and buy a sluice box. If the sluice box helps me to find more gold, my next step would be to invest in a dredge. A dredge is the best way for getting gold that is laying on the bottoms of creeks and rivers. You can find a lot more gold and in a shorter amount of time, if you use a dredge. Before I can go that far in my gold-finding efforts, I first need to find a few flakes. So I’m not counting my chickens yet and will wait for a little color to show up in my gold pan.

I know it must be frustrating watching the stock market these days and especially for those that have thousands of dollars currently invested. Pulling out your stocks now will only guarantee that you will lose money. I would suggest for most people to leave their stocks alone, but for those that are over the age of 50 and may need to slow the train down some, you may want to consider selling 50 percent of your stock portfolio and reinvesting it into a high interest yielding account. A CD or money market fund would be perfect for those people over the age of 50. Anyone under that age limit should just sit tight and let things work their self out.

There is so much surrounding the housing industry and most people have forgot about the troubles there. The housing industry is what will lead the stock market out of this recession and things won’t be fixed there until June 30th of 2009. I expect the stock market to start hovering pretty soon, but no real gains until July gets here. Any 1 or 2 day gains in the stock market may be short-lived and investors just need to be patient a few months longer.

Stocks will go back up again and this correction was probably needed. When things do go back on the plus side for investors, it should be a bright outlook on stocks then. Investing more money now may make sense to some, but I don’t think investing in the down stocks is the right play right now. Your money could be sitting in an interest bearing account and making you some real money now. It’s still too risky to try and pick which stocks will go north this summer and investors should refrain from trying to buy up cheap stocks now. It is possible that things could get worse and you could lose out on new money you invested in the market now. Hold off on buying new stocks and let’s see what the end of June does for the housing market and if things start to look up then; you will still have time to find good deals on Wall Street.