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Gold/Mining/Energy : Gold Derivatives

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To: a. paisley who wrote (9)9/22/1998 9:02:00 AM
From: IngotWeTrust  Read Replies (1) of 39
 
You make an excellent point, a paisley. An even larger question is the already spiraling downward of the US$ as the result of the mucho stronger European Monetary Unit, which is "partially" gold backed...
by a much higher % than currently reported by the way.

It (predecessor ECU)is currently backed by 27«% gold backing now...

The world is AWASH in our worthless fiat...
China is no exception.
Our problem was that we shouldn't have arrogantly messed with a nation so big by flooding them with our worthless paper at the time they
began to emerge into the 20th century w/the decline of Chm.Deng Xau Peng's regime!(pardon the misspelling please)

O/49r
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