Just near the close today! UBS reports this past quarter in the black! This represents positive revenue from one of the world’s largest banks. I spoke with many Investment Professionals today and I consistently heard how significant this report is for the restoration of overall market confidence. As more banks hopefully follow suit with similar positive numbers our venture investment's here will get rolling as capital for venture business will flow freely yet again. Canada is far more stable than the US is in comparison of our financial systems. Once confidence and commodities prices heathens so will the overall return of your investment? In times like these don't be scared, work harder and put away every penny you can, and work hard to dollar cost average down during these times while you can! "This is a 1 in 100 year buying opportunity ", Alan Greenspan former US Federal Reserve Chairman this past week the day before the single day largest gain ever in the history of the TSX. Need I say more?
Remember this is only a financial crisis not an economic one. Smart money prevails.
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