FinancialAdvisor's College Class (FACC)

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yes,...it appears there is alot of buzz about other investment vehicles such as gold. i got this from an e-mail:

What do you think would happen to the U.S. dollar if New York and Massachusetts were to reject the U.S. Constitution?

There would be chaos. Nobody would trust the value of the dollar, and it would crash in international currency markets.

That’s what’s happening right now -- with the euro.

French citizens have overwhelmingly rejected the new European Constitution in their referendum last week, voting it down 55% to 45%. Three days later, Dutch voters rejected it by an even bigger margin -- 62% to 38%.

And the polls show that the vote was not just a rejection of the European constitution. It was also a rejection of the euro itself.

Many in France and Holland want to get rid of the euro and bring back their French francs and Dutch guilders. The reason in simple. Unemployment is on the rise. In Holland, it’s just risen to 6.6%. And in France, it’s at a 40-year high of 10.2%, the worst since the years following World War II, when the country lay virtually in ruins.

This sentiment is not isolated to France and the Netherlands. In Germany, for instance, a recent poll showed that 56% of the population hates the euro. They want to dump it and restore their beloved German mark.

No wonder! The German economy -- like France’s -- is mired in one of its worst recessions since World War II. Unemployment is running at 12%. Tax receipts are plunging. GDP growth is a paltry 1%, despite massive efforts to get it going.

In Italy, Welfare Minister Roberto Maroni is calling the euro an “inadequate” currency. He wants a national referendum to bring back the Italian lira.

Many Italians agree. Italy is now in its second official recession in two years. Its economy actually shrank by a half percent in the first quarter, the steepest drop in six years.

Many of the investors fleeing the euro are rushing into gold. That’s a key reason why gold surged last week, reaching a three-week high of $425 on Friday. It’s also one of the powerful forces behind the recent surge in the price of mining shares -- up an average of FOURTEEN percent in just the last two weeks.

Remember: Gold and gold shares are not only a hedge against a falling dollar and rising inflation. They’re a hedge against a crisis in ANY major paper currency.

So hold all your gold shares and bullion. If you don’t own any but want a nice, diversified stake in rising precious metals markets, consider the US Global World Precious Minerals Fund (UNWPX).