GREY:ADAIF - Post by User
Comment by
uranium777on May 25, 2007 8:22pm
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Post# 12842565
RE: Regarding production.
RE: Regarding production.I'm only sure of one thing; The US dollars is headed lower and that means companies outbid the US for existing metals. These stocks aren't worth more money - the dollar is just worth less. In Euros the prices have stayed the same for metals. Most BIG companies use in ground reserves as a hedge against inflation because that’s so MUCH cheaper than stocking finished metals.... It's counter intuitive the less valuable the US dollar the less valuable an unproven resource because people who HAVE money can make more money by buying currencies or selling them short.