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Author Topic: UN to produce bullion coins as world currency  (Read 954 times)

Offline me again

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UN to produce bullion coins as world currency
« on: December 24, 2009, 04:30:24 PM »
Is this for real??? :loco:

Maybe it ain't so loco after all!!! :eek:
Quote from: UN to produce bullion coins as world currency

The announcement by the United Nations this week that it will license the minting of silver and gold bullion coins bearing the UN logo may be the button that launches metal prices into orbit.

In its wide-ranging report this fall, the UN Conference on Trade and Development (UNCTAD) stated that the system of currencies and international banking practices within today’s economies were inadequate, and responsible for the present economic crisis. The report advocates that the present monetary system, wherein the dollar acts as the global reserve currency be re-examined “with urgency”.

The coins have a marker chemical in them that enables their authentication and processing by modified retail ATM and exchange machines in Europe, which will be distributed globally. Any licensee, public or private, can produce such bullion coinage under contract. The United Nations is doing no more than what most countries do already, except that the value of its coins will reflect their bullion weight.
Click here for the full story! :eek:

If you enter the title of the article into Google, you'll get more interesting hits.

If I hadn't read it with my own eyes, I would never have believed it. Standby while I get my tin foil hat. :snicker:
"So then, stand firm and hold to the traditions :o which you were taught by us, either by word of mouth or by letter" (2 Thessalonians 2:15).

Offline Quasar

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Re: UN to produce bullion coins as world currency
« Reply #1 on: December 27, 2009, 12:03:05 PM »
I seriously doubt that one will ever see the light of day!  Whew! :flock:

Quasar
"I am the way and the truth and the life.  No one comes to the Father except by me."  Jn.14:6.

 

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