Franklin Mining, Inc. (FMNJ)

[NYBob]

FMNJ - Overall, "Global Readjustment -
is taking place, and the short of it is --
the U.S. dollar is losing its dominance,
Peter Spina, chief investment strategist
at GoldSeek.com
Clearly, the shift from the U.S. dollar
is accelerating," he said.

"Combine this with other driving factors
in the gold market, [and] you have the recipe
for much higher POG - Gold prices."

John Person, president of National Futures
Advisory Service, said, "Crude oil is above $70 per barrel,
wage costs have increased ...
and the dollar is sharply lower since the beginning
of the second quarter --
this gives the Gold bulls more reason to buy now,
especially since many believe gold could
hit $800 to $1,000 per ounce soon."

China urged to quadruple gold reserves
Chinese economists are urging Beijing to quadruple
its gold reserves to 2,500 tonnes from
the current 600 tonnes because the country foreign
exchange reserves had become the world's largest,
an official industry newspaper reported.

"More gold reserves will help the government
prevent risks and handle emergencies in case
of future possible turbulence in the international
political and economic situation," the paper said,
citing Tan Yaling, a researcher with
the Bank of China.

A weak dollar had also made more Gold holdings
necessary... China has been trying to gradually
diversify its reserve holdings away -
from the dollar.

The Old Franklin Gold, Silver &
Copper Mines & Mill -

To All -
Don't underestimate FMNJ backbone -
The Great Franklin Mines -
Rich Old Mines -
the Gold made U.S. Rich from the start -

DD ...
http://www.franklinmining.com/CompanyProfile/OurHistory/tabid/1330/Default.aspx

History 2nd, in the serie -
of Old Franklin Gold Mines -

http://www.investorshub.com/boards/board.asp?board_id=5406
.