swiss stock exchange to launch gold currency, page-2

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.