Friday, November 05, 2010 1:13:31 PM
However, "cheap" money will only continue the upside "long" of Junior/Senior mining companies...With increase demand of INDIA & CHINA in HARD assets, at some point the USD will be an IOU, no one wants...
The "powers that be" have to keep proping up the USD to keep it from evaporating into thin air...BTW, I would much rather carry around a 1oz. So African Kruggerand, instead of 13 x 100 bills....May not be as easy to exchange, but..I can leverage the 1oz. Au, not so sure for how long on the 13 x 100 bills.
Just my opinion..
KyBourbon
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