HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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Message: My economic opinion

My economic opinion

posted on Mar 12, 2008 06:39AM

My opinion may be worth what it cost you but I will give it anyway.

The US economy is headed for a depression unless the next administration does the following

1) Cut federal spending dramatically.  Just say no.

2) Quit bailing out Wall Street.  Let the hedge funds go down the sewer where they belong.  Most are just playing havoc with their little black boxes and not allowing markets to work on fundamentals.  They just pile on which ever way a particular market or price is going and run to excess.   

3) Give consumer incentives to save

4) Get inflation under control by raising interest rates.

5) let the mismanaged banks fail.  New ones would appear if we let capitalism work.

6) Stop printing so much money 

Yes, it will create short term pain.  What we are doing now is just putting band aids on fatal wounds and only putting off the inevitable for the next administration to deal with.

 I believe Canada is the safest place to invest.  You have oil, minerals, and metals (both precious and commodities).  You also have a government that seems to want to minimize inflation. The only concern I have with Canada is their bent toward socialism.

I am so gratefull I stumbled into NOT and the MacFaulds area plays.  I honestly believe these plays will insulate me and my family from being at the mercy of the US economy.

As Herbert says "God bless all NOT shareholders"

Goldfinger 

 

 

 

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Mar 12, 2008 06:56AM
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