Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Channel Resources Ltd V.CHU



TSXV:CHU - Post by User

Post by mrcashflowon Nov 04, 2010 12:42am
395 Views
Post# 17655195

The Fed and the dollar

The Fed and the dollar I also bought CHU because of Burkina Faso, but the Lithium property  in Alberta was just a bonus. Who know's, if the Lithium results are poor the stock may tank, but I doubt it.  It will just turn into a buying opportunity for those in this play for the gold.

   As far as the FED goes, there is no doubt in my mind the fiscal situation in the U.S is getting much worse than anticipated  and the "long term"  trend is to continue to print money that does not exist  to prop up the treasury market and failing Banks. I don't see this problem going away, commodities should continue to fare well against a sliding U.S dollar . Look for the market to "clue in" and realize quanative easing will not work and continue to dump the U.S dollar for gold and commodities.I expect a positive bounce for gold during Thursdays session.

 May future endeavors bring riches beyond your wildest dreams

 MrCashflow
<< Previous
Bullboard Posts
Next >>

USER FEEDBACK SURVEY ×

Be the voice that helps shape the content on site!

At Stockhouse, we’re committed to delivering content that matters to you. Your insights are key in shaping our strategy. Take a few minutes to share your feedback and help influence what you see on our site!

The Market Online in partnership with Stockhouse