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TheLonger Term Implications of Basel III (January 2013) - Gold's Triumphant Return?
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<p>[QUOTE="Juan Blanco, post: 1605073, member: 41665"]The International Organization for Standardization (ISO 4217) recognized Gold as a currency (XAU) for transactions; the United States is a signatory to this body. The United States recognizes Gold a currency.</p><p><a href="http://www.currencysystem.com/codes/" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.currencysystem.com/codes/" rel="nofollow">http://www.currencysystem.com/codes/</a></p><p><br /></p><p>Bleating panicking Paper-Bugs need to shriek &howl at their Congressmen to <i>formally declare </i>"Gold is not Money" and void US participation in any international body recognizing XAU <u>first</u>. </p><p>UNTIL THAT HAPPENS, Gold is (read: <i>remains</i>) Money because Au is ALREADY recognized by CBs and financial institutions as such. </p><p><br /></p><p>'Flat Earth' Paper-Bugs need to get a grip: <b>Gold is Money</b> <i>because </i>it's always been so (for millenia, in modern times, under Capitalism, etc.) Serious bankters just took it off the streets (out of the pockets of the easily-fleeced sheeple) and loaded up their own vaults with the "real" stuff... while dumping ever-depreciating & silly promissory Monopoly money on the same stupid dupes. hth </p><p><br /></p><p>"Got Gold?" Those who get it already do; pity only the poor who cannot afford it.[/QUOTE]</p><p><br /></p>
[QUOTE="Juan Blanco, post: 1605073, member: 41665"]The International Organization for Standardization (ISO 4217) recognized Gold as a currency (XAU) for transactions; the United States is a signatory to this body. The United States recognizes Gold a currency. [URL]http://www.currencysystem.com/codes/[/URL] Bleating panicking Paper-Bugs need to shriek &howl at their Congressmen to [I]formally declare [/I]"Gold is not Money" and void US participation in any international body recognizing XAU [U]first[/U]. UNTIL THAT HAPPENS, Gold is (read: [I]remains[/I]) Money because Au is ALREADY recognized by CBs and financial institutions as such. 'Flat Earth' Paper-Bugs need to get a grip: [B]Gold is Money[/B] [I]because [/I]it's always been so (for millenia, in modern times, under Capitalism, etc.) Serious bankters just took it off the streets (out of the pockets of the easily-fleeced sheeple) and loaded up their own vaults with the "real" stuff... while dumping ever-depreciating & silly promissory Monopoly money on the same stupid dupes. hth "Got Gold?" Those who get it already do; pity only the poor who cannot afford it.[/QUOTE]
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TheLonger Term Implications of Basel III (January 2013) - Gold's Triumphant Return?
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