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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?

To: E. Charters who wrote (10814)	5/8/2006 9:01:07 AM
From: Broken_Clock	Read Replies (2) \| Respond to of 78426

"except where the US is primarily an energy and goods importer" A weaker dollar is in essence a flat tax imposed on the middle class and below. I agree with what you stated but the outlook for the working man in the US is dismal thanks to his own ignorance and greed in allowing politicians to ply their corruption.

To: E. Charters who wrote (10814)	5/8/2006 2:01:00 PM
From: koan	Respond to of 78426

Really great post on dollar Charters!! Right on the money. To add, we are importing 7% more than we are exporting; and reading Charters post---there is no way to stop that, that I can see, for all the resons Charters lists. And as mentioned I do not see gold falling as the dollar falls.

To: E. Charters who wrote (10814)	5/9/2006 12:55:10 AM
From: Yorikke	Read Replies (2) \| Respond to of 78426

"Note that ACTUAL inflation wasn't brought under control until years after the 1980 peak in the gold price (the money supply growth rate remained high throughout the first half of the 1980s), but Volcker's actions managed to restore CONFIDENCE in the US$." What a great point. Something to remember as we sit here at some future date sniveling about when to sell the gold bars and move on. It won't be the reality, it will likely be the illusion that turns the corner and drops the price of gold. Of course the question is where will the US find another magician like Volcker?