If the current paper money system collapsed... and i had a pile of gold coins... I would still be able to eat. Kind regards, michael [EMAIL PROTECTED] http://www.gold-today.com Sign up with e-gold today and get grams of e-gold here. http://www.e-gold.com/newacct/newaccount.ascid=129542 Sign up with osgold and get an osgold account today http://www.osgold.com/index.php?id=10000008 subscribe to the gold-today discussion group at http://groups.yahoo.com/group/goldtoday ~~~~~~~~~~~~~~~~~~ two cents worth?? http://two-cents-worth.com/?goldtoday ----- Original Message ----- From: David Brooks <[EMAIL PROTECTED]> Date: Tuesday, July 10, 2001 11:27 am Subject: [e-gold-list] Quote found on the Kitco gold discussion board. Be afraid, be very afraid... > > ROBERT HEMPHILL, former Credit Manager of the Federal Reserve Bank in > Atlanta. > > "If all the bank loans were paid, no one could have a bank > deposit, and > there would not be a dollar of coin or currency in circulation. > This is a > staggering thought. We are completely dependent on the commercial > banks.Someone has to borrow every dollar we have in circulation, > cash, or > credit. If the banks create ample synthetic money we are > prosperous; if > not, we starve. We are absolutely without a permanent money > system. When > one gets a complete grasp of the picture, the tragic absurdity of our > hopeless situation is almost incredible-but there it is." > > Unless you have gold, in which case you may feel some hope for the > future. I think Mr. Hemphill does not know about or does not wish to > acknowledge gold as money... > > --- > You are currently subscribed to e-gold-list as: [EMAIL PROTECTED] > To unsubscribe send a blank email to leave-e-gold-list- > [EMAIL PROTECTED] > --------------------------------------------- Receive faxes 24x7, no second line necessary. http://www.mbox.com.au/ --- You are currently subscribed to e-gold-list as: archive@jab.org To unsubscribe send a blank email to [EMAIL PROTECTED]
