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

To: banco$ who wrote (17552)	9/5/1998 9:58:00 PM
From: long-gone	Respond to of 116762

Re MAI Well, you hit the nail on the head, when you said "rather lefty". I love it when someone else strives to become the master of understatement. That having been said, if the world(EMU)were to accept our investment standards, physical gold would have no place at all. I can not believe the new EMU would even consider reversing their recent rulings to change the status of gold back to the way it was. In member countries now 99.9% gold bullion coins do not get the V.A.T. tax, while most places in the U.S. have a State sales tax. Tax issues would be key to any agreement.(always follow the $$$$). Europe see gold as an investment, while here in the U.S., they wish to discourage precious metalls ownership(untraceable wealth). rh