VOLTAIRE'S PORCH-MODERATED Message Board

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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: Joan Osland Graffius who wrote (51641)	5/17/2002 8:53:29 PM
From: Jim Willie CB	Read Replies (3) of 65232

I expect Canadian $ to gain 15% versus US$, minimum the underpinnings behind the Canadian economy are loaded with oil, gas, gold, silver, copper, forestry, hydro-electrics, and all manner of natural resources I would put the 15% figure higher, except for its socialism and debt levels good to see some new bright blood I hereby propose that the US back its currency with coal we hold 1/3 of the ENTIRE world coal supply how about $1 currency backed by 10 lbs of coal ??? this country needs to do some serious thinking about our treasures we need to USE FOOD to balance and gaurantee our foreign oil contracts we make assumptions that the world is one big free market that perception is not even remotely close to reality or else why would our trade debt be spiraling out of control? of course, mostly because of dollar overvaluation but you could count the free market nations on fewer than all toes and fingers / jim

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