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

To: LLCF who wrote (53672)	12/2/2007 10:06:37 PM
From: Proud Deplorable	Respond to of 78432

"Forget about owning the dollar over the next decade IMHO." I am proud to say that I don't own any US Dollars, not even one and as soon as I do get some I trade them in immediately so I'm walking my talk. In fact I don't currently own one red cent because if I should happen to get US pennies in change up here in Canada I actually throw them on the sidewalk. There are other ways of dealing with these worthless coins among which are: Squeeze them Put them on the tracks Melt them Disguise them as something important Put them in a penny smashing machine Cut them to pieces Swallow them Use them as target practice Make Copper Knuckles out of them

To: LLCF who wrote (53672)	12/2/2007 10:20:06 PM
From: tyc:>	Respond to of 78432

Then this chart may be more interesting than it at first appears. It shows one security closely tracking another. The beauty of it is that the tracker is denominated in Canadian Dollars. I presume that as the American dollar sinks toward worthlessness, American business will go up in price. Or will the value of American business sink to worthlessness too ? Yeah Sure !

To: LLCF who wrote (53672)	12/3/2007 9:34:16 PM
From: roto	Read Replies (1) \| Respond to of 78432

below is an exert from "The Economist", 29Nov, 'The panic about the dollar' from economist.com sounds like an appeal from Europe, mainly to the Chinese, to be more responsible, in part, since the U.S. is in denial. Handle with care "...The first step is for American policymakers to pay more heed to their currency. For all their talk about a strong dollar, American officials have behaved as if they cared little about its worth. A reserve currency is supposed to be a store of value.... The other part of the solution lies elsewhere, particularly with those countries with dollar-pegging currencies.... But China and the oil-rich Gulf states have ample reason to play their part in an orderly decline of the dollar's dominance. Despite the opprobrium heaped on them, the Chinese do not want to see the Fed's hands tied by a dollar crisis; nor do they want to see the euro zone, one of their best markets, slow sharply; and they have little interest in the external value of their existing dollar reserves plunging. Beyond all that, China's leaders want to be taken seriously as responsible actors in the international system. Now is their chance."* with Airbus bleeding $, the increasing possibility of loss of jobs overseas may be required to survive. the weakened US$ is of major concern to the EADS partners, principally the govs of France & Germany. news.bbc.co.uk