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REPORT COPYRIGHT VIOLATION IN REPLY
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Message Subject
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The United Nations (UN) has licensed the minting of gold bullion coins bearing its logo to provide a "public option" world savings currency.
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Poster Handle
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Anonymous Coward |
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Post Content
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According to the Vancouver Examiner, Oro gold coins are hoped to contribute to making the UN better funded by 2015, with revenue rising by ten to 15 per cent. The coins are set to be produced in Europe and then distributed globally, with any licensee able to produce such bullion under contract. Armand Dufour of the European Bank says that he welcomes the introduction of the gold coins. However, he goes on to add that there is a danger that if the US dollar weakens, there will be a strong move towards the Oro. In turn this could potentially drive the value of the coin up to a level where international governments will not allow it to be circulated. [ link to www.gold.org] And so it begins......  Good catch... BTW, you aren't THE "Tyler Durden" are you. It takes a lot for me to contribute here... While the specifics here are "fuzzy", its an interesting thought. It really doesn't say much, as far as implying that this would be "tender", per se... (there is a question in that...)
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