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Gold/Mining/Energy : Barrick Gold (ABX) -- Ignore unavailable to you. Want to Upgrade?

To: goldsheet who wrote (2141)	9/27/2000 5:35:31 PM
From: nickel61	Respond to of 3558

Bob evidentally the Nobel Lauriate Mr. Mundell reads this column and is suggesting the same as you recomended just yesterday. Hear ye! Hear ye! The 1999 Nobel Laureate joins us at the Gilded Opinion! usagold.com Dr. Mundell was kind enough to contact us at USAGOLD headquarters this morning, offering Michael use of the full text of his September 22 speech delivered in Prague, Czech Republic. It was in this commentary that he delivered his provocative suggestion that the European Union should "produce a gold coin, a europa equal to 100 euros, that would be an overvalued legal-tender coin," saying further that, "It was a mistake to delay for three years the introduction of the paper currency and coins and the production of a gold currency would heighten general interest in the euro." Particularly notable is that this gold-based recommendation aimed toward the EU is couched within a larger commentary in which Dr. Mundell, a founding figure for the euro system, shares his vision regarding the international monetary archetecture. In his words, "My main concern today is with a permanent improvement in the international monetary system." A gold europa? Trial balloon or otherwise, you will nevertheless see that gold remains uppermost in the minds of some very influential people in the world financial scene. We are grateful to Dr. Mundell for his efforts to share this commentary with us today.