SI
SI
discoversearch

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 Derivatives -- Ignore unavailable to you. Want to Upgrade?


To: a. paisley who wrote (9)9/22/1998 9:02:00 AM
From: IngotWeTrust  Read Replies (1) | Respond to of 39
 
You make an excellent point, a paisley. An even larger question is the already spiraling downward of the US$ as the result of the mucho stronger European Monetary Unit, which is "partially" gold backed...
by a much higher % than currently reported by the way.

It (predecessor ECU)is currently backed by 27«% gold backing now...

The world is AWASH in our worthless fiat...
China is no exception.
Our problem was that we shouldn't have arrogantly messed with a nation so big by flooding them with our worthless paper at the time they
began to emerge into the 20th century w/the decline of Chm.Deng Xau Peng's regime!(pardon the misspelling please)

O/49r