Lucille
11-08-2010, 10:34 AM
World Bank President says Gold has Role in next Monetary System (http://globaleconomicanalysis.blogspot.com/2010/11/world-bank-president-says-gold-has-role.html)
Don't expect any serious movement along the lines of Zoellick's suggestion until there is a major currency crisis involving the US, Japan, or Europe. In the meantime, it is nice to see a role for gold floated in high places.
Don't expect any serious movement along the lines of Zoellick's suggestion until there is a major currency crisis involving the US, Japan, or Europe. In the meantime, it is nice to see a role for gold floated in high places.