Impact of an 91 cent loonie

[cottonpicken]

I'll turn you into an inflationist yet Charlie.

The wierd thing to me is how its gone on for so long.

Uncle sam must have a nice smile and an even nicer gun.

Imagination the simple fact that china has enough dollars to pretty well buy all the ag land in the us.

And this happened in a few years..

Hope they dont hold a grudge after that ass kickin we fed them during the opium/boxer wars.

If its true they think in hundred year time frames were fubared.

[charliep]

Not an inflationist yet but I recognize the risk. Suspect that if you reviewed postings the
last two years, inflation has been the issue on a lot of peoples minds (including mine).
Reality may be closer than anyone thinks.

Will note you have been right on gold with the comment it has move to a trading range
of $900 to $1000/oz. Moving to the top end of the range. Thoughts?

[cottonpicken]

My big gut is telling me were headed for a big gap up sooner rather than later.

I dont actually see a dow crash which goes against the shiffs and rodgers,just sideways movement.

As for the usdx its going lower but.......maybe not against global currencies,it will be a hidden move lower,its purchasing power will decrease when compared to tangibles.

The bond market is still the wild card.

Can the fed get away with printing money to purchase debt to keep interest rates low?

Its such a massive market it is hard to say.

Two years out does the world start looking like the bad parts of the bible?
Maybe not but some places in the world are going to get hit hard.

[Hopperbin]

Looks like China lost a bid to purchase a big chunk of Billiton. The way I look at it, we need to own our resourses or we will just end up slaves to the Chinese.