Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: OK
Any good links on this subject. I am interested.
13 posted on 11/03/2001 4:22:01 PM PST by america76
[ Post Reply | Private Reply | To 12 | View Replies ]


To: america76
Any good links on this subject. I am interested

I got that information from the Gold Anti-Trust Action Committee. They have email updates periodically and have watched the decline in the American SDR's lately.

I don't know about SDR's being tied to a basket of currencies, but if they are, it is probably all tied back to gold. An SDR is valued as 1/35 of an ounce of gold. The value of currencies changes by the minute, therefore a basket of currencies as a unit of value would have to be adjusted itself by the minute to have any real meaning as a unit of value, and would be a nightmare as a mechanism for setting the value of debt or assets.

See:
www.gata.org
www.goldensextant.com
www.kitco.com then click on forum for gold discussions
www.lemetropolecafe.com

45 posted on 11/04/2001 5:01:22 PM PST by OK
[ Post Reply | Private Reply | To 13 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson