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Politics : Ask Michael Burke

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To: Ahda who wrote (93302)11/27/2001 8:44:21 PM
From: Joan Osland Graffius  Read Replies (1) of 132070
 
Darleen,

It has been interesting reading the posts here on the gold standard. I don't have a URL for the story, but the Russians that traveled with Puten (sp) this month brought gold from Russia. They went to the Fed Reserve and converted it to US $'s to pay for their transportation, hotel, food, etc. bills. This proves that even today gold still has monetary value in the US. Also when traveling to some countries one can exchange gold coins for currency in most banks, or bullion exchanges. My problem is the shinny gold coins are so pretty that I don't want to part with them. <ggg>

Joan
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