Will this be the new gold-backed Euro?
A new King World News guest, Don Coxe, a global strategy adviser for BMO, is postulating that the Eurocrats are building a contingency plan for their Euro paper burning fest, based upon using the gold reserves of Club O’Med.
You may have heard this plan before. That initial plan was initially rejected, says Coxe. However, just like Dracula, it has apparently been revived from the dead.
It sounds on the edge to me, but perhaps worth listening to for other gold bugs over a Sunday coffee.
