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To: IngotWeTrust who wrote (9637)	4/9/1998 12:25:00 AM
From: Abner Hosmer	Read Replies (1) \| Respond to of 116791

O49'er - I don't understand this whole thing with the Eurodollar. Aren't these overseas dollar deposits that can't be repatriated? And does that have any significance that might account for them being traded at a higher rate? Appreciate any explanations. thanks - Tom

To: IngotWeTrust who wrote (9637)	4/9/1998 12:51:00 AM
From: PaulM	Read Replies (1) \| Respond to of 116791

O 49er, your post that began the AU thread about US$ = EU = JYen = AU and a return to Bretton Woods now strikes me as unacknowledged fact. Lots of facts I've come across recently, including European and Japanese sources, seem to confirm the coming "tripolar" currency scheme, and subsequent single currency. (While lots conspiracy theories abound about the new, funny looking $U.S., few seem to have noticed how much the backs look like the duetchmark.) So here's the question: do you think the timetable has accelerated for the plan in light of Japan and the consequent volatility of capital flows? Yet another reason to believe we are in the gold bull of all gold bulls? Paul

To: IngotWeTrust who wrote (9637)	4/9/1998 1:31:00 AM
From: paul ross	Read Replies (1) \| Respond to of 116791

Helllo, Ma'am; Just a couple comments. Offhand, just because 1 unit of 1 currency is worth more than 1 unit of another currency, doesn't necessarily mean its the stronger currency. One British Pound is currently worth $1.67 and, though quite strong in its own right, wouldn't necessarily be viewed as stronger than the US$, especially if it used to be worth $1.85 The ECU (symbol XEU) is currently 1.0841 US$, but is trending downward being at 1.1232 on 10/09/97 and 1.1380 on 4/9/97, if I am reading that correctly: oanda.com Also, what is the present thing called the ECU? Surely it wouldn't be the same currency that will be in place after the % of reserves is determined. The "same" currency in the sense that the makeup of the reserves (% of gold) could very possibly radically change its value v./US$. PR