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Odds 'n Sods:
Ron Holland recently penned some prescient commentary on the fate of the U.S. Dollar,
as quoted in the
Sovereign
Society Offshore A-Letter, under the heading Sacrificing Your
Dollars for the Housing Market:."Most Americans could care less about
the value
of the
dollar. But with the 2008 Presidential Election
coming up, the public will be closely following their real estate
values, so you can expect the Fed to hold or lower rates. This
almost guarantees a far weaker dollar. But when the other
central bankers really switch more of their dollar holdings to the
other major currencies,
expect a major collapse in the dollar." Unless the european central
bankers raise their rates sharply in the next couple of years, I
think that history will prove Mr. Holland's prediction to be correct.
o o o
Ben L. recommended some handy little items from the A.G. Russell catalog: Boker® SnacPac
- Black and Buck
Metro LED
o o o
Pacific
Northwest Storm Leaves 1.5 Million in the Dark (Except
for SurvivalBlog readers, whom I am confident were well prepared
with alternative energy backup systems.)
