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: OT - Gold and FIAT

OT - Gold and FIAT

posted on Dec 29, 2007 01:09AM

As you read the news about the dollar, the experts continue to discuss it in terms of other currencies. 'The dollar is down against the Euro' or 'The Yen is up against the dollar'. This rivets our attention on the dollar alone.

But they are ALL sinking together, its just which guy is falling faster at the moment. You can see this reality when you look at a number of currencies in relation to the price of Gold. And the sad part? The value of gold is actually steady. Holders of gold are NOT getting rich, they are simply not loosing the value of their savings. Lesson? Stay out of Fiat. Invest in Gold and commodities (imo).

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