Wednesday, October 31, 2007

Amero Coin and Amero Currency

Same old news as dow up, gold up and US dollar down, where it stops nobody knows. Its not very easy finding someone who is bullish on the USD these days.

This is a terrific link on what a amero coin and the amero currency might look like.

Buy the new Amero Coin

The article has been debunked on the net but its worth having a look at what the amero currency and amero coin design might be like. Some great close up shots of the amero coin.

Tuesday, October 30, 2007

The Promblem with Gold Mining

The Amero and the decline of the US dollar seems to be creating a new generation of gold bugs that are looking to put their money in either gold coins or in gold mining stocks.

Even with the soaring price of gold, mining companies are facing increasingly more difficult pressure as competition for a dwindling gold supply heats up. Mining companies that have large reserves have added flexibility over smaller Juniors.

Gold Miners also face 2 other significant problems. Mining cost are increasing at a substantial rate, as the cost of labor has went up drastically. The high cost of constructing a mine have also added to the challenge. If rising costs are not enough mining companies are under more stringent environmental controls. The hardship and the time it takes to get approval for a mine has gone up substantially over the last 20 years. These are among the reasons why physical gold has been outperforming most of the miners of late.

When looking to invest in a gold mining company look for a low cost producer and one that has a lot of reserves. Stay away from the mid size producers and look at those in the top tier, if all else fails you can always try this.

Monday, October 29, 2007

Amero Investor

Amero Investor is dedicated to finding investment opportunities that will be created with the tighter ties and bonds that are currently being created between Canada, USA and Mexico. We don't predict that a Amero will be a sure thing but Closer ties economically between these 3 countries are a sure thing and this will result in tremendous opportunities for those positioned properly to profit.

We are currently already seeing results in a worsening USD and a rise in gold. The recent run up in gold is driven by inflation, but people should remember gold doesn't make wealth or money. Gold's main purpose is to preserve wealth as it has been for thousands of years. So if your aim is to hide from the USD collapse gold will be a great place for you but if you aim is to increase your wealth you are going to have to look outside the gold market.