The Gold Market: A Primer
Gold is no ordinary commodity. The market for it is driven by its unique history as money and a store of value.
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Gold has no official monetary role but central banks and individuals hold it for good reason. It serves as a store of value, a means of investment diversification, and as protection from economic or political crises.
READ MOREThe Gold Crisis: The Evolution of Commercial Banking
Economic Education Bulletin – 12/1960 *First EEB*
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Research Reports – 1981, Issue: 39 Also: Steel Production
READ MOREResearch Reports – 1981, Issue: 44
The “Golden Rule” and the Role of Gold; Monetary Reserves and Aggregates; Book Review: Ethnic America by Thomas Sowell
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Research Reports – 1981, Issue: 52 Also: Book Review: Government’s Monetary Monopoly, by Henry Mark Holzer; Age Old Problems About Retirement
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Research Reports – 1983, Issue: 42 Also: Inflating and Gold Prices, Short-Term and Long
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Research Reports – 1979, Issue: 04 Also: Consumer Prices A Practical Reason Why Central Bankers Will Not Phase Out Gold
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These comments are excerpted from remarks made by Federal Reserve Board Governor Wayne D. Angell at Progress Foundation’s 3rd International Monetary Conference in Zurich, Switzerland, on June 11, 1990. Also: Why Do Colleges Cost So Much? Research Repor …
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