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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: Abner Hosmer who wrote (9246)	4/3/1998 3:18:00 PM
From: IngotWeTrust	Read Replies (8) \| Respond to of 116762

Tom, tis probably t'heaviest Au post I've ever made in over 20 yrs. Listen up, okay...I'm deadly serious here: USAGold's Commentary today contained this absolutely GONZO nugget in the Warburg Dir. of Foreign Exchange Yorke's quoted comments today: "The whole EMU project is driven by law; the basis for any decision (ECB's gold backing of EU) must be the Maastricht Treaty." Germany has 28.9% of the vote, France 21.8% Italy 20.3% Thus, Germany and France together have a majority and will most likely make this decision in conjunction with Italy." At least 10% of reserves (will be in gold) which appears to be mkt consensus, but the risks are on the upside, that is to say: it is more likely to be 30% than 0% of total reserves. Why? Because Germany, France & Italy will effectively make the decision & they have the highest proportion of Au to total reserves of any European country." [CLOSE QUOTES] As a student of history, do you, Thomas Becker, Paul Milcetic, Bobby Yellin, George Cole, Richnorth, Bobby Beara etc., have a clue as to the import of this excerpt and why it is so chilling?