Market Watch with Tom Waitt

October_20th_2010.mp3 Money and Trust    Uncertainty rules; Gold at record highs, mutual funds losing money, interest rates at record lows, stocks up one day down the next day, mortgage foreclosures hitting legal challenges, flash crashes keeping investors on edge. What is the key to future prosperity?   Money Supply (click for larger picture) Money Multiplier (click for larger picture) Confidence is the key, market participants have lost trust in financial markets and politicians. If investors can envision and start to believe, markets will achieve through increased economic activity. Money supply is at an all time high with World Governments spending at record levels to stimulate the economy but the multiplier of money has fallen to post war lows. The turn of a dollar has slowed from three times a day to less than once a day.   There are many opportunities to make money but it requires action on your part, each stock selected must show risk/reward of at least 2