Are at least 75% of Americans still not adequately invested in gold and silver?
*Bloomberg, by John Brinsley, May 15, 2008:
"Americans want Treasury Secretary Henry Paulson to act to stop the
dollar's decline, which has stoked the inflation eroding their
household incomes.
A Bloomberg/Los Angeles Times poll found that 76 percent of Americans
think the government should do something to halt the falling dollar.
Among those with incomes of $100,000 or more, seven in 10 favored
aiding the currency, putting pressure on Paulson, who's charged with
setting the policy, to match his 'strong dollar' rhetoric with action.
The U.S. currency has slumped 41 percent against the euro since 2002
and 13 percent in the past 12 months alone. That has contributed to a
surge in energy and commodity prices to record levels, and prompted
central banks to reduce their share of foreign exchange reserves in
dollars."
*This information is solely a highlight of the opinion of a third-party publication and is incomplete. Please subscribe to this publication for the full and timely opinion of the author and call a Monex Account Representative for any additional up-to-date information. This is not an offer to buy or sell precious metals. Investors should obtain advice based on their own individual circumstances and understand the risk before making any investment decision.
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