UN to mint gold coins to provide a "public option" world savings currency

Krippy · 12-18-2009, 08:12 PM

Quote:

The United Nations (UN) has licensed the minting of gold bullion coins bearing its logo to provide a "public option" world savings currency.

According to the Vancouver Examiner, Oro gold coins are hoped to contribute to making the UN better funded by 2015, with revenue rising by ten to 15 per cent.

The coins are set to be produced in Europe and then distributed globally, with any licensee able to produce such bullion under contract.

Armand Dufour of the European Bank says that he welcomes the introduction of the gold coins.

However, he goes on to add that there is a danger that if the US dollar weakens, there will be a strong move towards the Oro.

In turn this could potentially drive the value of the coin up to a level where international governments will not allow it to be circulated.

UN coins were previously made purely for commemoration in the 1970s, but they hold no monetary value.

http://www.gold.org/news/2009/12/16/...r_the_un_logo/

ChooseLiberty · 12-18-2009, 08:44 PM

UN and gold money?

WTF? What next, UN and Austrian Economics?

tmosley · 12-18-2009, 10:40 PM

I posted this a while back, but there was no primary data source to back it up. Nothing on the UN's site either.

It's more than likely a hoax.

Reason · 12-18-2009, 10:49 PM

ask the UN maybe

inquiries@un.org

squarepusher · 12-18-2009, 10:54 PM

Quote:

Originally Posted by CivilRadiant

ask the UN maybe

inquiries@un.org

signed them up for spam email

Reason · 12-18-2009, 11:01 PM

Quote:

Originally Posted by squarepusher

signed them up for spam email

I'm sure they will be very upset.

RideTheDirt · 12-19-2009, 11:48 AM

Quote:

Originally Posted by squarepusher

signed them up for spam email

lol

Reason · 12-19-2009, 01:29 PM

can anyone confirm this story yet?

risk_reward · 12-19-2009, 05:43 PM

If true, I assume this is the first step to a world currency.

Carson · 12-20-2009, 12:03 PM

Make sure you bite those suckers!!!!1

12-18-2009, 10:49 PM	#4
Reason Senior Member Join Date: Oct 2008 Posts: 6,866	ask the UN maybe inquiries@un.org __________________ <The Power of Nightmares> <The Spy Factory> (NSA & 9/11

12-19-2009, 01:29 PM	#8
Reason Senior Member Join Date: Oct 2008 Posts: 6,866	can anyone confirm this story yet? __________________ <The Power of Nightmares> <The Spy Factory> (NSA & 9/11

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12-18-2009, 08:44 PM	#2
ChooseLiberty Senior Member Join Date: May 2007 Posts: 2,510	UN and gold money? WTF? What next, UN and Austrian Economics?

12-18-2009, 10:40 PM	#3
tmosley Senior Member Join Date: Jan 2008 Location: Texas Posts: 5,482	I posted this a while back, but there was no primary data source to back it up. Nothing on the UN's site either. It's more than likely a hoax.

12-19-2009, 05:43 PM	#9
risk_reward Senior Member Join Date: Dec 2007 Posts: 244	If true, I assume this is the first step to a world currency.

12-20-2009, 12:03 PM	#10
Carson Senior Member Join Date: Sep 2007 Posts: 615	Make sure you bite those suckers!!!!1