November 26, 2007

EU Gold Move

But it won't work. Note, no one is moving to a "euro standard" but a "basket of currencies". Actually, China is starting to accumulate Gold at the current low prices. (just imagine, you can get a peice of gold for the toilet paper in your hand)

If the EU REALLY wanted to make the fortune of it's life it would print Euros like if there's no tomrrow and buy gold from the revenue as soon as people start to switch due to short-term low prices.






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