Behold, the new $3 Dollar bill! * *http://tinyurl.com/ygpqwhr*
*Josh Luthman Office: 937-552-2340 Direct: 937-552-2343 1100 Wayne St Suite 1337 Troy, OH 45373 "When you have eliminated the impossible, that which remains, however improbable, must be the truth." --- Sir Arthur Conan Doyle On Fri, Oct 9, 2009 at 3:29 PM, Daniel Mullen <wi...@metrocom.ca> wrote: > I just cannot keep quiet on this any more. > > Gold, in US Dollars, was $1045 and change this morning. That sounds > high, but it was higher, in constant currency terms when you look at a > basket of currencies. > > Yes, oil still is priced in nice U.S. Dollars, and everyone is glad to > have them. > > So far, so good. > > The folks in the Middle East buy German cars, use European adult > personal entertainment, and go shopping - either in the sparkling new > massive shopping mall in town, or again, somewhere in Europe - and the > dollars get converted eventually into Euros. > > I used to get 80ยข to the Euro. Now it is $1.46. > > You can do the math on that. > > As long as China continues to be the 'sister nation' to the United > States of America, keeping its currency fairly closely pegged to the > U.S. Dollar, then everything will be fine. All the Asian countries > will do their best to work on U.S. Dollar terms so as to stay > competitive vis-a-vis China. > > But China is now sitting on TWO TRILLION - that is 2,000,000,000,000 - > U.S. Dollars, and wondering what to do. If they wanted to take over > the world today, instead of merely the entire Asia-Pacific region and > Africa, they could simply cut the line and then let the U.S.A. dangle > in the wind. > > As it is, China is going around the world buying everything you can > imagine: years worth of factory equipment from Germany, minerals in > Africa, oil and gas everywhere, iron ore from Brazil, uranium from > Australia, and on and on. > > You should see the pictures: gigantic barges being loaded with > enormous open spools of copper, a good ten feet in diameter, to be > stockpiled in China, and more ore than you could possibly fathom. > > And now they are buying gold: gold and more gold, and the government > is telling its citizens to also buy gold. > > Simply put, they are turning the greenbacks into hard assets. > > None of this will bother you, because all your gear is made from parts > which are priced in U.S. Dollars, and China is keeping a good lid on > things - until they stop. > > When the Sheiks - or Mr. Chavez - decides they want some pretty thing > from Europe, and see how small their wallets are, the price of oil - > yes, in U.S. Dollars - will go to the moon. > > The fact that oil is priced in dollars really means nothing. It is the > value that the producer gets for the specific volume sold that > matters, and as long as the rest of the world is getting more > expensive by comparison, the more dollars the sellers will want to > ensure they can keep on buying those things, regardless of what the > dollar buys for you in your own backyard. > > By the way, milk is cheap everywhere now - in Belgium the farmers > started to spray it on their fields rather than sell it, just to make > demonstrate how low it has gone. > > > > -------------------------------------------------------------------------------- > WISPA Wants You! Join today! > http://signup.wispa.org/ > > -------------------------------------------------------------------------------- > > WISPA Wireless List: wireless@wispa.org > > Subscribe/Unsubscribe: > http://lists.wispa.org/mailman/listinfo/wireless > > Archives: http://lists.wispa.org/pipermail/wireless/ > -------------------------------------------------------------------------------- WISPA Wants You! Join today! http://signup.wispa.org/ -------------------------------------------------------------------------------- WISPA Wireless List: wireless@wispa.org Subscribe/Unsubscribe: http://lists.wispa.org/mailman/listinfo/wireless Archives: http://lists.wispa.org/pipermail/wireless/
