Re: Can someone confirm this, US dollar tanking as we speak
in response to
by
posted on
Jan 10, 2009 03:59PM
San Gold Corporation - one of Canada's most exciting new exploration companies and gold producers.
I'm not certain how this relates to $US value but we've just had 14 nites compted at three hotels in Laughlin, Nevada including most meals with minimal casino play. According to most businesses in the area, which also includes Bullhead City, Arizona, for this time of year it's very, very quiet. Priced out a one ton Dodge 4x4 with a sticker price of $50,000 US, after some discussion, was told I could seal the deal for $35,000!
Just a guess, but I'm betting the $C will be at par by the end of Feb, at which time I will move on a lot (doesn't require a lot of care or attention, pardon the pun!) on the Colorado River (beautiful area) and possibly a 4x4 to haul in materials for a floating dock!
Hotmuck is pouring the Glen...... (can't drink it or spell it!) All this without even a burp from SAN.
Where I heard or read this I can't remember but if someonre can quickly relate the true figures do so. Growth of the Canadian money supply over the last 12+ months has been approx 10%, while the growth of the US money supply has been over the same time 6,000%. Even with a error of 10 to 20%, IMHO, the figures "speak for themselves!"
With a short term run on the $C, goods such as realestate anD 4x4's will move into huge bargain territory very quickly. In the past mo its moved up over a nickel, more than paying for our winter in the "good ol USA!" (MInd you when hotel and food costs are near 0, it don't take much!
RUF
PS: Just got a bulliton on the E-mail for 4 more free nites at the Tropicana in Laughlin! (a beautiful property) The way things are going we may never get out of here!