SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Dutch Central Bank Sale Announcement Imminent? -- Ignore unavailable to you. Want to Upgrade?


To: m.philli who wrote (7800)9/16/1999 5:59:00 PM
From: m.philli  Respond to of 81296
 
Three times and gone!
If Singapore did try to go for being the currency "hub" by convincing the Swiss to exchange their gold for Sing dollars, could the gold not be sold "on the cheap", the profits reaped on Currency appreciation?
Would this not lead to Singapore's economy reaping the benefit of being the S.E. Asian nasdaq?
Would it not also put the Swiss Banks in line for some preferential red carpet treatment in Singapore's future? If the Swiss banks purchased the SING DOLLARS from the Swiss central bank, set up shop in Singapore, they'd we way ahead in THE S.E. ASIAN FINANCE MARKET.
What better team, with the Swiss expertise in GOLD/currency.
Ya ,I know hah, gold backed currency, why go backwards when the rest of the world is going in a straight line the other way.
Maybe,just maybe, that straight line will turn into a circle!
Then who'd be ahead leading the pack!
enough, thanks to any readers for taking the time.