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Gold/Mining/Energy : Gold & Gold Stock Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Andrew who wrote (2947)	3/2/2006 5:09:57 PM
From: Peter Dierks	Read Replies (2) \| Respond to of 29622

My interest in precious metals and other mineral extraction companies relates to the mounting US trade deficit and foreign held US debt. The name of the money game is who owes whom. Those that hold the debt of others can dictate the actions of the debtors. The dollar cannot sustain its current exchange rate. There are many forces at work. You have Korea that dumped a big chunk of their dollar holdings last year. The market gasped, but it has since stabilized. Iran wants their oil sales in Euros instead of dollars. They know they are our enemy. This could be the first shot from an admitted hostile nation, but it could be followed by several other Arab nations when they are wanting to pressure the US. China could use their dollar denominated debt as a weapon against us in a conflict. They want to control Taiwan. There are other conflicts with China at various stages of discomfort. I see many more forces than these, but it give you an enough to get a discussion started.