[e-gold-list] Re: The US Dollar Battle

"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." Here's what I find interesting about this: If the price of gold goes up, then doesn't this mean that the currency issuer can inflate his currency

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[e-gold-list] Re: The US Dollar Battle

[EMAIL PROTECTED] wrote: "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." Here's what I find interesting about this: If the price of gold goes up, then doesn't this mean that the currency

[e-gold-list] Re: The US Dollar Battle

On 4 Apr 2001, at 5:40, Bob wrote: The question in my mind is what does the ECB mean when they use the word "backed". Does that mean that somebody can exchange upon demand a Euro for 15% gold and 85% non-Euro currency or 85% something else? If not, then I don't understand the 15% backing

[e-gold-list] Gold Lease Rates

Looks like gold lease rates are up again. Why are the rates that Kitco derives from market data so different from the ones provided by the London Bullion market? http://www.kitco.com/market/LFrate.html ~ Vincent --- You are currently subscribed to e-gold-list as: archive@jab.org To

[e-gold-list] seeking historical data

Does anybody know where I could find historical daily quotes of the gold lease rate going back several years? Preferably as ascii data, not in chart form. Another type of historical data I'd like to find would be the premium for silver bullion coins vs. silver rounds, as this is supposed to be

[e-gold-list] Re: Gold Lease Rates

On 4 Apr 2001, at 13:21, Vincent Youngs wrote: Looks like gold lease rates are up again. Why are the rates that Kitco derives from market data so different from the ones provided by the London Bullion market? http://www.kitco.com/market/LFrate.html Vincent. The difference between Kitco

[e-gold-list] jsg boggs

Jim wrote: The transaction with the waitress (witnessed also by Steve Foerster, who'll likely corroborate my story) went about as follows: Yep, just like he said. What with Jim and I both being there, she missed out on an immediate auction. :) -=Steve=- --- You are currently subscribed to

[e-gold-list] Re: The US Dollar Battle

C. Cormier - Ormetal Inc. wrote: On 4 Apr 2001, at 5:40, Bob wrote: The question in my mind is what does the ECB mean when they use the word "backed". Does that mean that somebody can exchange upon demand a Euro for 15% gold and 85% non-Euro currency or 85% something else? If not,

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[e-gold-list] Re: The US Dollar Battle

On 4 Apr 2001, at 19:16, Bob wrote: The reserve assets to liabilities ratio in the US banking system is about 1 to 108. Loans making up most of the other assets (107/108). If gold was 15% of reserves, it would be 15/100 ths of one of those 108 liabilities. On 4 Apr 2001, at 19:16, Bob

[e-gold-list] Re: Metal-escrow.com!!

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