RE: RE: RE: RE: questions for directorsSounds like we are on the same page. Nothing good is going to happen to dollars or any paper money over the next 24 months. We may have a US$ bubble that lasts for another few months but once everyone realized that the presses have been running hot and that Obama has been left a mess that only devaluation can cure, look out below. About now buyers of US debt should be realizing they are not going to get their loans back at anything near original value. Propping up failing companies is only prolonging the problem and will make the outcome worse. They must fail and restructure under good management. Kick all the bums out of the banks, insurance and mortgage companies that have created this problem rather than give them a bonus. I think unemployment in the US, Canada and likely other countries will surpase 20% in 2009 because all solutions proposed to date have been politcal rather than practical. Printing money and throwing it at the problem is about as stupid as you can be. I can't for the life of me figure out who's going to buy these cars. I guess it gives your buddies a chance to get out and get into gold, leaving the tax payer holding the bag. You can see polaticians are truely stupid because they can see the US example that isn't working yet Canada is bumbling into the same mess. I expect other countries will do the same. Lemmings!
Got Gold.