Help -- Anyone know Euro Currency info
Hello
I am in Miami Florida USA and as you probably know the US Dollar is
sinking fast !
The US Dollar has sunk from $1.00 to 1.05 Euros down in the last 20
months to about $1.26 to one Euro.
This is Not Surprising since the Euro is 15% backed by gold and the US
Dollar is backed by "The Full Faith and Trust of the Federal
Government" Which means it is backed by nothing !
Actually I just looked closely at several different denominations of US
bills and it does not even say "That" Anymore ? !!
My question is about the Euro
If I had 10,000 Euros and took them to the government agency that
issues them - How would I get the 15% gold backing ?
If I gave them the 10,000 Euros what would I get ? 1,500 Euros worth of
gold ?
What kind of a deal is that ?
Can anyone answer this ?
If so please answer here and CC the answer to me at
Ranger116@webtv.net
also
Thank You
Tom Buyea
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