Very interesting. But is it gold or just another bankster way of diverting the average person's money away from gold?
I note the following from the article:
"Scoach Switzerland, the stock exchange for structured products, the management has the plan to introduce the listing and trading of products in so-called XAU gold units ? which have an exact value of one troy ounce of gold ? in October."
Now I haven't gone through the fine print. But "structured products" set off alarm bells. So did "trading of products in so-called XAU gold units" - why not trading of gold? A "structured product" being given "an exact value of one troy ounce of gold" DOES NOT mean it is gold. It could just be a way of tracking the gold price. In other words a paper game of pass the parcel and let's pretend this unit is worth an ounce of gold.
- Forums
- ASX - By Stock
- GOLD
- swiss stock exchange to launch gold currency
swiss stock exchange to launch gold currency, page-2
-
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add GOLD (COMEX) to my watchlist
The Watchlist
UNT
UNITH LTD
Idan Schmorak, CEO
Idan Schmorak
CEO
Previous Video
Next Video
SPONSORED BY The Market Online