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Significant Sulphide Mineralization at Eloro's Delta Property Discovered; Copper Grading 1.10% Over 6.15m & 2.87% Over 4.35m Uncovered - Silver Values of 27.8g/t Over 17.5m Including 67.6g/t Over 2.75m Identified
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Eloro Resources > Message
Sssss

Re: New Peter Grandich Article

Posted by: sSSSs on July 14, 2008 03:13PM

In response to: New Peter Grandich Article by rondo

You must understand that the real net worth of America is negative. Yes, there are a small percentage of Americans who are indeed rich. But the large middle class that used to make up the bulk of Americans has shrunk with a few going up the ladder but most falling off or clinging to the bottom rung.

So, no matter what Wall Street, Washington or the media may try to tell you, you must sadly accept that as a nation we are heavily in debt, our cash flow has been seriously impacted and our ability to continue borrowing is fast reaching an end. It would be political suicide, but America’s debt should not be rated triple AAA anymore. Our creditors know that, and that’s why our currency has fallen so much. A country’s currency is one of the most viable indicators of what the world thinks of the country economically (unless, of course, you’re China where they literally have manipulated their currency into the world’s biggest money-making machine).

Thats exactly why commodity investment has been so profitable.

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Executive Address
Elo
Jean LaFleur
P.Geologist, Director
June 12, 2008

Mr. Jean LaFleur explains Eloro's entry into the oil & gas industry in Quebec

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