junior gold mines, page-28

Not sure of the answers to those excellent questions Barney.

I did watch this video, taken from Bloomberg and posted on Youtube and was brought to attention on the gold thread:

http://au.youtube.com/watch?v=Je0jARsDbjw&feature=related

it is quite alarmist, but makes for interesting viewing, esp the latter half where Peter Schiff talks about usd/gold etc.

I am still trying to understand exactly what the history of the GS was.

At this stage the yanks are certainly increasing money supply, but is that going to be counter productive?

I do recommend reading the two pages of info found at http://economics.about.com/cs/money/a/gold_standard.htm

there are also some great links including to Alan Greenspans 1981 paper about the GS.

i also note with some alarm that: IMF warns of meltdown
October 12, 2008 - 11:52AM
The IMF warned the world's financial system was near meltdown and France promised that a meeting of European leaders in Paris will detail measures to keep a market panic from triggering the most severe global downturn in decades.

The Sunday Times newspaper said Britain will launch its biggest retail bank rescue on Monday when the four largest, HBOS, Royal Bank of Scotland, Lloyds TSB and Barclays, ask for a combined 35 billion pound ($60.5 billion) lifeline....
http://business.watoday.com.au/business/imf-warns-of-meltdown-20081012-4yzs.html

very interesting days ahead indeed. And what does all this mean for our little baby EXM? Not sure, but I hope we find out soon!