Liberty Star Uranium and Metals Corp (LBSR)

[xZx]

i think you nailed it, gempicker. this is a good old fashioned currency war, where bernanke is exporting his inflation to china, and other developing economies who are resource dependent. what better way to level the playing field (the US now a declining industrial power) than to get all these other nations to tighten policy, while the US continues to remain dovish, and limp along in a "too big to fail" dream world. i suppose it can always be blamed on high unemployment.

imo this permanently loose monetary policy is a key reason the rest of the world are sick of having oil trading in USD. i've heard rumors flying around about bretton woods, NH, and how the USD may soon no longer be the reserve currency. ideas are being floated of creating a new standard, based on pooling a basket of global currencies. this new unit would be traded only by financial institutions and based on some form of a gold standard.

whatever happens, i can't say that i blame them, and (as you said) it does seem like metals will be central to both growth and the valuation thereof, for years to come. copper to measure growth, gold to hedge against the collapse of it all. we're certainly living in interesting times.