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Iraq's landmark constitution seemed assured of passage Sunday after initial results showed minority Sunni Arabs had fallen short in an effort to veto it at the polls. The apparent acceptance was a major step in the attempt to establish a democratic government that could lead to the withdrawal of U.S. troops. Their historic step towards democracy, may very well translate into our strong opening Monday morning, providing traders and investors alike with the catalyst they have been desperately seeking. Already the Japanese markets have opened higher on the news and may set the tone for tomorrow's trading in the U.S. markets.

Howerver, in spite of a potentially improving outlook in the Middle East, having recommended covering all November Gasoline shorts at $1.7000 early Friday, the Energy markets are soaring again tonight on fears of a new tropical depression turning into yet another Hurricane aiming for the US Gulf Region. Since Equity markets have been spooked by Hurricane related threats and the appearance of a small three wave ABC rally since overnight Thursday, in spite of Asian markets being higher we have to express caution on the outcome for the week ahead, not ruling out the propensity for a retest of recent lows, or even a lower low of some significance. Meanwhile Gold and Silver in particular are higher since Friday and on the back of a weakening dollar and improving currency outlook, could provide the impetus for a run to new highs in the metals exacerbated by extremes of inflation.

For those being introducted to A Global Perspective for the first time tonight, let me try to encapsulate our definitive goal for you -

SET YOURSELF ONE EXPLICIT GOAL - TO MAKE MONEY EVERY DAY!

After a while, if you pursue this goal relentlessly, you might actually start to get surprised by how much your real performance can improve and how this ultimate investment goal can be more easily be achieved, if you really apply your mind. It may astonish you.

Most of what you read here will have nothing to do with your retirement fund. The majority of our trades are designed to generate income while the minority are in fact our long term buy and hold positions. Our majority approach is a vehicle for creating the capital to fund the other term part of our portfolio. Our style has been referred to as Aggressive, Dynamic, and Fast-Paced. As Richard Pryor so eloquently said "I've had money, and I've not had money. Having money is definitely better" We couldn't agree more. Money for the sake of money however, is an empty life. Let the noble things you can do with your profits be the force that drives you, and chances are, your trading will have more meaning and purpose to it.

I posted Friday that even though we have racked up cumulative gains of 83% in the last two trading sessions on ATSX, we still believe there is considerable upside potential for this issue. According to ASTI's press release of Sept 14, 2005 - link - with ATSI on track to eclipse the $1 Million Mark in September, ATSX appears extremely undervalued and as consequence is rapidly gaining recognition and reputation. And with a reportedly low employee payroll, this dynamic young company appears to be efficiently run and highly automated and has the appearance of becoming a real cash-flow generator. The potential for ATSX to move back to its highs of a year ago or all time highs looks plausible as does putting in a new 52 week high appear to be gaining traction.

At the moment, ATSX resides in the majority corner of our portfolio. The next few weeks will determine if we increase still further our ATSX exposure. We are particularly selective when it comes to our long term investments and generally they need to have unique appeal and extreme undervaluedness to entice our participation. The cornerstone of our "buy and holds" is Azco Mining Inc. - AZMN

A quick review of our press releases from earlier this year will show just how bullish we were when we called the bottom on Azco at .09 back on June 7th. Since then Azco soared as high as 700% last week and more usually, stocks that gain this much often can rise by as much as 1,000 ~ 2,000 percent as Wall Street begins to realize the that AZMN may very well still be one of the single most undervalued assets on planet earth and a potentially still inexpensive way of investing in Gold, Silver and Copper.

Gold rush on world's largest market amid inflation worries

NEW DELHI (AFP) - Indian households are on a record gold-buying spree as oil price-driven inflation threatens to wipe out savings from rising incomes in one of the world's fastest-growing economies.

We also have Louise Yamada, arguably the world's greatest charting strategist calling for prices upwards of $1,000/oz at a recent conference.

Those are solid fundamental reasons for owning Azco, but tonight I want to share with you some technical points from our resident Fibonacci expert, Randy Degner which I will now post in the Main Category.

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