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Rene C
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Dollar Reappraisal : Gold Vanishing into Private Hoards

- Antal E. Fekete - Gold University

Wisdom among common people has always stressed the security of gold in value terms, because it secúre a meaningfull relation in time and space.

This make gold a lasting currency and the only one existing.

Commented 5072 days ago

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Beginning of the headline :Nineteen sixty five will be remembered in the modern history of money. For the first time, private buyers absorbed almost the entire supply of new gold coming on the market. „Newly mined gold plus Russian sales amounted to approximately $1.9 billion”, reported the First National City Bank of New York, but „only some $250 million worth is believed to have reached officially recorded monetary stocks”... Read More

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