Quote:
Originally Posted by jIM_Ohio
I am worried but not paranoid.
I have an investment in PRPFX, so I own some gold and silver.
I think history will show a few things-
the weak dollar helps Bush and his supporters two fold.
1) weak dollar helps companies which export, I believe, or get significant business from overseas.
2) weak dollar might also be a way to fight war on terror. We know that terrorists were populating the US with counterfeit currency before 9/11. Now that same tactic means little because the dollar is worth so much less.
3) this might also be a subtle way of sticking it to the Saudi's, who the real war on terror needs to fight.
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I'm going to look into the PRPFX...as I think owning some silver and gold is a good thing right now.
I do try to be a cup half full kind of guy and see that this could be a good thing for the country. Perhaps our new currency will have some kind of backing, as opposed to the current fiat system we have (well, all of the world has I guess)
I know the rest of the world doesnt want this to happen since their currency is pyramided off of the dollar. They will not let it go down the proverbial toilet until the very last moment when they have no choice before it pulls them down too.
On one hand I hate how much we spend on the military and this war (I'm a libertarian), but I understand the model of trying to get a democracy going in the middle east that is an ally with the U.S..
I hope we start drilling more here in the U.S.. I understand with the current technology our oil companies use, they can have very little environmental impact.
sorry for the ramble
Just nervous.