>"As we suggested in a recent issue of The Ormetal Report titled, “It’s the
>U.S. dollar!”, the U.S. dollar is overvalued and over-owned. After years of
>growing trade deficits, the U.S. dollar has been exported against goods and
>services purchased abroad thanks to an explosion in the growth of U.S.
>broad money stocks."
>
>http://www.goldeconomy.com/thecostofgold_10.htm
>Claude
"When they created the Euro, the Europeans decided to maintain an
official Gold reserve at 15% of their total reserves to back up their
currency."
That's fascinating Claude .. I did not know that!
So, what percentage of a one euro, do you think, is actually gold backed?
JP
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