HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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Message: Re: All that glitters is "PGM", errrrr "GOLD"...

i read this article and could not see how this could be even considered, more less said. The US dollar is in deeo trouble. Gold has historically gone up when the dollar goes down. Where do they think the strenght is going to come from? Is the Fed going to start raising interest rates? Is the US government going to stop spending like drunken sailors? Is the consumer going to start saving? Is the credit mess going to go away. Is the housing industry going to rebound in 2008? Are the Chinese and Japanese going to continue buying our debt in large enough increments to fund our ever increasing negative balance of payments?

At least some of these things would have to happen before the dollar gets legs. It ain't going to happen.

I think there are enough Goldman Sacks (GS) x executives now working for the Bush admin that have pressed the company to make this outlandish call. The Bush admin does not want Gold to go higher. They probably made some promises to GS for some type of bailout for them to make these calls. Obviously this is just IMHO and I have no facts to back up my theory.

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