Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

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

To: paul ross who wrote (9645)	4/9/1998 1:40:00 AM
From: IngotWeTrust	Read Replies (1) \| Respond to of 116791

Yes, Paul, ECU=same currency 2B distributed to the 11 qualifiers 1/1/99. It was originally to be traded as EMU and was referred to in the Bretton Woods Currency Accord as the European Monetary Unit. Likewise, Asian Monetary Unit =AMU in BWCAccord. But, to avoid the embarrassment of equating at some future date (AFTER THE BWCAccord) the ascension of the EMU to a preferable red meat (or is it fowl white?) and the association of the EMU to the emu, a flightless bird for all practical purposes... a hasty substitution was made at the last minute to ECU, European Currency Unit in the global contract specs and printing presses began to roll! My basis for believing that the "un-weak" ECU at the up to the minute quote you provided in your note IS STRONGER NOW and will only become stronger in relationship to the US "currency unit" is simply this: Germany's voting right percentage (backed by gold reserves both at home and those Germany Gold Reserves on deposit currently in the European Monetary Union (holding company) from which the ECB is being formed this June)... and France's voting right percentage (backed by THEIR gold reserves both at home and the ENORMOUS German Gold reserves on deposit currently in the EMU holding company) plus Italy's gold, and and and, *is greater than the US holographic* Ft Knox total.** Remember, the pie was cut in 2 pcs: US$ and Au Now the pie is to be cut in 3 pcs: US$, Au, and EU Soonly, the pie will be cut in 4 pcs: US$, Au, EU, And AMU. He Who Has the Most Gold, Rules... He who has the most Gold assets has the lowest rates in int'l finance. So the nation w/the lowest debt(imports) to equity(exports + GOLD ON HAND)ratio=biggest financial bully of them all. AND IT AIN'T US, America!!!