The ECB was the first central bank to value it’s gold reserves at market value, instead of a fixed value or weight denomination. Several countries have adopted this gold policy of marking gold reserves to market value. 1,878 more words
Tags » Gold Reserve
“official gold reserves”: what you see is not all there is to it…
As far as the new dollar is concerned:
A revaluation of the dollar via introduction of a new dollar will have the effect of making debt easier to pay. 369 more words
Gold is the old (and new) currency, and Texas is ready for the impending crash of the U.S. dollar.
There was a time when every American paid for goods & services with gold. 307 more words
In india gold is known as the incarnation of the creator himself. India sees gold as the symbol of purity, prosperity and good fortune. It is this link to the almighty and other virtues throughout history, which makes gold an obsession it is today with Indians. 117 more words