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Message: New Dollar Low

New Dollar Low

posted on Nov 22, 2007 05:46PM

Fellow Investors,

Gold is up 11.10 and the dollar index is sitting at a new low of 74.62.

The pull backs in gold have been of shorter duration and of smaller amplitude while the downward trend in the US dollar is relentless, with few stops and only small recoveries along the way.

This old jalopy that the world calls it's financial system is vibrating itself apart with ever increasing frequency now. It should not be long now before gold sets a new all time nominal high. Perhaps that will finally turn some real lasting attention towards ARU and there world class discovery and land position.

Regards,

F.F.

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