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Gold/Mining/Energy : NORTHGATE EXPLORATION NGX (TSE)

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To: NYBob1 who wrote (32)	10/15/2007 11:12:16 AM
From: NYBob1	of 44

IMF's Rato says US dollar overvalued Mon 15 Oct 2007, 13:40 GMT WASHINGTON (Reuters) - International Monetary Fund Managing Director Rodrigo Rato on Monday said the U.S. dollar was overvalued and needed to depreciate further. "As the IMF looks to a medium-term stability of currencies, we still see that the dollar is overvalued," Rato told a group of reporters. "We still see room for further depreciation and if you look at future markets, you will see that markets are more or less seeing the same." Rato, speaking ahead of the fall meetings of the IMF and World Bank, said the euro was very near an "equilibrium" value, and he repeated a long-standing IMF call for China to allow greater flexibility in its yuan currency. Gold LT doing good but NXG LT doing better - Got NXG Gold for fiatz$peanuts - Well, what better Au treasure can you find? - Imo. Tia. God Bless the Mission is to help U to see the top T - siliconinvestor.com siliconinvestor.com

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