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First Asset Morningstar Emerging Markets Composite T.EXM.A



TSX:EXM.A - Post by User

Post by silvercoinon Jul 28, 2007 3:21pm
444 Views
Post# 13164931

Euro Bank Gold Sales

Euro Bank Gold SalesAccording to the Washington Accord Euro Bank members are restricted to selling only 500 tons of gold per year. What the Banks dont tell us is that they "just sell their gold to other banks". Central Bank gold sale announcements are intended to "defuse" public and investor interest when the gold prices surge upward. Gold is "public enemy #1" because the worlds current financial lords (read banks) use fiat currency (read phony money)as their money. While astute investors use gold and silver. In 5,000 years of recorded civilization gold and silver has functioned as money. FACT - No "paper currency" has stood the test of time", 100% failure rate.
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