hear the truth - flee the dollar - from columbia..better get your coffee

[junker]

your coffee while you can....

a snip of the daily commentary at Lemetropolecafe.com

A FREE 2 week subscription is available. These sorts of reports are popping up from all over the planet...


<P>Bill,<BR>
Thought you might be interested in this. Colombia is one of the few countries in the world that manufactures almost its total domestic product. There is a large amount of wealth created there by these legitimate businesses, other than what our government would like most to believe. Recently I ordered several thousand board feet of this beautiful purple hardwood for our new home from a Colombian who is selling his wares here in Panama.<p>

Yesterday he came to me to ask what in the world was happening as he was taking a bath on this load of lumber as the Colombian Peso was rising in value so fast that the country is AWASH in US Dollars. Seems everyone is trying to get out of the dollar and into the peso. Of course I was trading dollars for something of real value, hardwoods. This is so bad, he is going to be forced to cover the spread on the initial container of wood which will cost him about $.10 a board foot!</P>

Yet this is a statement of what is going on in most of South America right now. The fall in the dollars value is beginning to effect street level functions in countries who have shed their own currency for years, in an effort to flee to the dollar as it was rising. Now, these dollar holders are forced to shed the dollar at an almost alarming pace to try and stave off another loss in business due to the fluctuation of currencies with no value. </P>

Look out below!</P>

[nadinbrzezinski]

1. BRING IT ON screamed the Chimp!

Also explains their repackaging of Colombian coffee

[Old and In the Way]

2. There are consequences in our electoral decisions.

Foreign investors aren't stupid and they don't necessarily share Bushvalues.