ship is sinking, page-41

I can't resist, but when I read non-sequiters it's too tempting.

1 - the $US is in decline, but as I have said the extent to which it continues is very debateable. I will not debate it on this thread. It has been done to death on other threads and in the financial community. What is important to realise, is that the longer term predictions (by some) are not certain or fixed. The system is complex and is affected by many factors including confidence in the system which goes up and down.

2 - assuming a declining $US dollar, the effect on Gold is not certain or fixed. Some will have you think it is 100% to be a highly inflated price in the future. This is ridiculous. To base profit potential only based on an inflated price is down right silly and imprudent.

3 - lets say Gold does go up as a result of a devalued $US - what is been predicted is Gold in $US. If you're selling your Gold in $US then that revenue is also devalued!

What has been bandied about are profit margins based on current (well targeted at Dec this year) costs in $AUS and compared to inflated Gold prices in $US! See the problem?!! What do you think the Gold price is in $AUS if the $US is stuffed? What do you think production costs will be if the world economy is stuffed?

At BEST, if MON acheives their goals, MON will be a marginal profit Gold producer. Too much risk in this environment. The low cost Gold producers are the one's to follow.

OK, I'll try to be quiet again! Lol