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To: E. Charters who wrote (61969)10/27/2008 9:17:07 AM
From: PaperPerson  Read Replies (2) | Respond to of 78410
 
"Gold in CDN dollars is still $924.00 despite being only 722 in US bucks. What does this mean? It means that the rush is on for US pesos. For a while."

Exactly. We should be pondering this: in the biggest financial meltdown the world has ever seen, one that started in the U.S. with mortgage backed derivatives and one that in which massive inflation is seen as the solution, the world has now turned to the dollar as its flight currency.

What next?

Michael