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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?


To: Jim Willie CB who wrote (24125)12/23/2002 3:02:31 PM
From: Canuck Dave  Read Replies (1) | Respond to of 36161
 
A 10% gold cover clause? How would it work?

"Good afternoon, ma'am. I see you have ten thousand US dollars. You can convert one thousand at the official exchange rate, so here is your gold. Have a nice day.

Good afternoon sir. I see you have...... Say, weren't you in here yesterday?"

CD



To: Jim Willie CB who wrote (24125)12/23/2002 6:47:27 PM
From: aktony  Read Replies (1) | Respond to of 36161
 
Jim Willie. Don't forget overseas based units of U.S.companies...not just Europe; Latin America, Asia and the ME. The falling dollar benefits them in taxes, employee pay in $US, exports to U.S., etc. Since much of our manufacturing is done abroad, this is a real boon to American companies.