A glimpse into the (possible) future: UN licenses Uno & Oro bullion coins
Weiss
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One author's near future possibility:
The announcement by the United Nations this week that it will license the minting of silver and gold bullion coins bearing the UN logo may be the button that launches metal prices into orbit.
A report contributor, Detlef Koffe, concluded that "Replacing the dollar with a bullion currency would solve some of the problems related to the potential of countries running large deficits and would help stability,"
US Fed spokesperson Patrick Paulsen acknowledged that there could be some strong reaction in the US to the global currency, and that it would “…be viewed as a step toward a New World Order. But those same people have probably lost patience with the money-changers as well.”
The UN decided to provide a “public option” savings currency, whereby currency mints will be licensed to mint two kinds of bullion coins the size of the 1€ coin - the Uno (silver ~$5) and the Oro (gold, ~$500). The names were adopted from the book “The Humanist”, which foresees the UN being better funded by 2015 via its licensing fees, expected to be 10-15%.
The coins have a marker chemical in them that enables their authentication and processing by modified retail ATM and exchange machines in Europe, which will be distributed globally. Any licensee, public or private, can produce such bullion coinage under contract. The United Nations is doing no more than what most countries do already, except that the value of its coins will reflect their bullion weight.
Armand Dufour of the European Bank welcomes their introduction. “People have enough Fiat currency options, government and banks cannot intrude on bullion coins – they will have their own inviolable value.”
He does have one concern, however. “If we see a dismounting from the US dollar, as is inevitable in the main view, there will be a strong move to the Oro, which may drive its price up to the point where governments will not allow its circulation; they will try to isolate it.”
The Future News: UN to license bullion coins
The announcement by the United Nations this week that it will license the minting of silver and gold bullion coins bearing the UN logo may be the button that launches metal prices into orbit.
A report contributor, Detlef Koffe, concluded that "Replacing the dollar with a bullion currency would solve some of the problems related to the potential of countries running large deficits and would help stability,"
US Fed spokesperson Patrick Paulsen acknowledged that there could be some strong reaction in the US to the global currency, and that it would “…be viewed as a step toward a New World Order. But those same people have probably lost patience with the money-changers as well.”
The UN decided to provide a “public option” savings currency, whereby currency mints will be licensed to mint two kinds of bullion coins the size of the 1€ coin - the Uno (silver ~$5) and the Oro (gold, ~$500). The names were adopted from the book “The Humanist”, which foresees the UN being better funded by 2015 via its licensing fees, expected to be 10-15%.
The coins have a marker chemical in them that enables their authentication and processing by modified retail ATM and exchange machines in Europe, which will be distributed globally. Any licensee, public or private, can produce such bullion coinage under contract. The United Nations is doing no more than what most countries do already, except that the value of its coins will reflect their bullion weight.
Armand Dufour of the European Bank welcomes their introduction. “People have enough Fiat currency options, government and banks cannot intrude on bullion coins – they will have their own inviolable value.”
He does have one concern, however. “If we see a dismounting from the US dollar, as is inevitable in the main view, there will be a strong move to the Oro, which may drive its price up to the point where governments will not allow its circulation; they will try to isolate it.”
The Future News: UN to license bullion coins
We are like children who look at print and see a serpent in the last letter but one, and a sword in the last.
--Severian the Lame
--Severian the Lame
0
Comments
<< <i>linky no worky >>
I think the newspaper that ran the article didn't realize it was fiction, so they yanked it.
--Severian the Lame
http://fto.co.za/news/un-will-have-their-own-gold-bullion-coins-2009121816052.html
edited version makes it seem ligit. Looks like they fell for it.
Article on commodityonline.com
Edited to add link.
<< <i>guess it is for real after all:
http://www.commodityonline.com/news/Now-gold-coins-from-United-Nations-24025-3-1.html >>
UN to produce bullion coins as world currency
December 15, 7:38 PMVancouver Humanism Examiner Dwight Jones
http://74.125.153.132/search?q=cache:TtY2TpKXC1QJ:www.examiner.com/x-32916-Vancouver-Humanism-Examiner~y2009m12d15-UN-to-produce-bullion-coins-as-world-currency+vancouver+examiner.com+gold+coins&hl=en&gl=au&strip=0
Humanism Items by Dwight Jones
A Humanist site by Dwight Jones, largely of speculative fiction.
thefuturenews.net
Someone is playing lose and fast with reality and has gone so far as to take down corroborating websites in the last 72 hours. Until I see a legitimate qualified, documented news source referencing actual UN info, this is a work of fiction that is being repeated by "news agencies" like gossip, one referencing the next.
I don't mind eating crow if I'm wrong.
--Severian the Lame