Well, I have to say that I disagree on the loonie- the USD will deflate far too fast for the Canadian dollar to play catchup..I doubt that it will fall much below parity this year and will likely be making new highs throughout 2008. If the loonie remains strong, while gold ventures into irrational exhuberance territory, I'm not sure how SGR will lose...maybe we should look for some contract miners willing to take pay in the USD?