Slate Grocery REIT T.SGR

Good read tidbits

[marketminer]

This is the point I have been making for several months.... I first noticed this a while ago that the Yaun which has always been pegged, made some very dramatic moves against the US dollar.... It has been the norm to move at a snails pace against the dollar and suddenly it makes a .1 move and more... These moves are tempered buy the US treasurys heldby the Chinese government and institutions.... that trillion dollars frequently mentioned... As this pool of money finds new homes the indicator will be the willingness to let the Yaun rise..... signs are showing that this is happening. As the Chinese economy grows there is less dependence on the US to export to.... The Chinese are becoming their own largest market. The rollover of the US housing industry is showing that Americans are taped out.... and now the new boogie man is inflation....This is just a thinly vieled attempt to enable the raising on intrest rates to slow the slide in the US dollar. The moves in the Rupee are more dramatic and telling the real story.... as India does not have an enormous US cash pool to distribute.... The rupee has moved dramaticly much like the Canadian dollar.... several days moving .5% or more.... Commodities if measured in a basket of currencies have moved down.... Yet in US dollar terms they remained stagnent or increased in price.....This divergence in commodity prices for Americans is not going to be pretty..... OIL is going to rise as almost every other country is seeing the price of oil drop in their currency.... Oil is currently a bargain in Euros.... and in Canadian dollars producers are seeing profits erroded via the rise in Canadian dollar.... while oil in US dollars remains relatively constant...This will not continue as producers will not continue to watch their profits eaten away, they will simply slow down on drilling... oil sands projects will delay a few years to scare the market into reality and prices will be reflected in the market. I predict $100us... oil peak before year end, and a new $80 range will become the norm..JMHO And gold at about $850us... heck it has to go to $750us just to recoup where it was in Cnd dollars 2 months ago. If the Rupee continues to rise against the US dollar gold will see huge physical buying which can only be supplied buy central bank selling.....I see a sharp price hike coming soon. Americans need to buy gold to preserve wealth. They have been duped by the talking heads for so long yets these guys still have respect in the media.... what a joke... relic of the past... Too funny ... considering that Americans more than any other country, would have benifited the most had they been buyers of gold... Wealth preservation 101. JMHO