Regarding US$ vs. PhPeso exchange rate.

[Tacoma_34]

Straight deposit to Peso account, not dollar account. So far walang sakit ng ulo! Forget about dollar will bounce back after election

exactly, peso account not dollar account will help. thats what i do.

[uls]

The USD is weak coz there is so much dollars in the world.

For example the Middle East. The US buys a billion dollars worth of oil everyday from the Middle East. Those arab states have so much dollars coming in everyday they dont know what to do. Well, they know what to do --- they are building... and building... and building. They have to look for ways to spend that money. So there's a construction epidemic in the middle east.

Everyone is looking for stuff to hedge. That's why gold prices are so high. Everyone's buying gold. physical gold and gold stocks, mining stocks etc. Private money (equity) is buying up entire companies.

While we the working class are working so hard for dollars, the guys high on top of the food chain are dumping it. Trouble is ahead. They see it.

[boybi]

^^ sabi nga nila, when the price of gold rises, the US dollar goes down.

[van_wilder]

if the price of gold rises, theres one country na yayaman... because they are sitting on a $1trillion reserve thats yet to be tapped... yes pilipinas yun...

we are not heroes, kahit ofws not heroes... nobody is a hero, and we should not try to be one... we are just ordinary citizens doing our part... just because the government is not doing their part, we shouldnt be doing ours... and if we do our part we shouldnt consider ourselves a hero...

[beachbum]

if the price of gold rises, theres one country na yayaman... because they are sitting on a $1trillion reserve thats yet to be tapped... yes pilipinas yun...

can you please enlighten us kung papaano tayo nagkareserve ng ganung kalaki. it is very interesting and good for the philippines kung ganun.

[van_wilder]

nickel gold and copper... we have large deposits

pero wala naman nakukuha kasi we are not mining remember the long mining ban? tapos nun na-lift no one have the money to mine until pinayagan ang joint venture with foreigners...