2009 was quite the year with the bounce we needed and wanted to see. Hopefully you were able to take advantage also. But now that the year is done and the markets, according to those \"in the know\", have found there way with green shoots taking root and all problems of the financial crisis solved, we can now breathe easy...please just don\'t worry about the additional debt servicing issues, bank capitalisation shortfalls, unemployment, asset base price reductions and generally all-pervasive well hidden economic problems floating around the world as they are just left wing perversions (tongue firmly planted in cheek).

The fight seems to have come down to one between the camps of inflation and deflation. If inflation wins and the fed gets its way by inflating its way out of this paperbag, they may just delay things an extra year or two and debase the dollar to an almost zero purchasing power level...or, if the deflation camp is correct then we are in for the doozy of a market drop and depression like outcome starting sometime in the new year. Either way, is it a good thing?

At the Club, opinions don\'t mean much, although we all have them...we are more concerned with the profits each of us makes on the trades and investment decisions we employ. It has been a great couple of years for us in terms of the markets and who knows the future, but we have a number of events for you to be involved with to see where we may be able to help. In the meantime, enjoy your festive season and see you in the new year 2010.