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Gold/Mining/Energy : A to Z Junior Mining Research Site

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To: Eva who wrote (2506)1/9/2003 12:57:36 PM
From: IngotWeTrust  Read Replies (2) of 5423
 
Hello, Eva. Yes, the EU is not only working, but it is working well. For having spent 57 years in the planning stage before figuring out the electronic ramificaitons first, and then moving to jingling in the pocket change of as of March 31, 2002, the Euro has set a new standard for both the Islamic Dinar already in the electronic phase-in--for 3 years now--and the Asian Monetary Unit on the come acc'd to Bretton-Woods Currency Accord blueprint in 1943.

It took a while to get Europe rebuilt after WWII, but once 56 nations set their collective minds to that task, it slowly
but surely ground its way to fruition. Many thanks to our patient London friends and relatives in particular...the multiple bombings of your gorgeous skyline as depicted pictorially since, makes me shudder to recall.

There IS NO one world currency...the system is designed for 3 reserve currencies...and the Islamic Dinar is the wildcard, since it is to be backed by 100% physical gold, whereas the EU is only admitting 18% backing when the reality is more like 32% but what's a few percent amongst global neighbors? <g>

The puzzler in my mind is this:

The Asian/Chinese grab for physical gold to back their AMU on the come (by 2008-2011 as I recall the earlier time table) and the Islamic Dinar gold backing grab that has appeared out of nowhere...which one will accept the blame for forcing the PoG significantly higher from here?

My guess? The one with 100% backing...but I won't count out the Australasian block's voracious appetite for the yellow...

I also expect the Islamist to nationalize Irian Jaya and boot Freeport McMoran out of their biggest golden crown jewel, since Indonesia is a HOTBED of Islamist Dinar promulgators. Perhaps that will be the headszup clue...

gold & platinum_tutor
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