Fool's gold
Article Abstract:
The central banks of Holland and Belgium recently sold a significant amount of their gold stocks, and the selling could become widespread. Gold is losing its value as a stable investment during economically and politically troubled times.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1993
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The new forty-niners
Article Abstract:
Public interest in hunting for gold washed into California's streams in the lower Sierra Nevada area has increased. The price of gold is approaching $400 an ounce and heavy rains have increased the presence of flakes in the streams.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1993
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A golden lever
Article Abstract:
Investor George Soros purchased $400 million in Newmont Mining shares, sending ripples through the gold market. Gold prices are up, but the market is a uniquely psychological one. US bond yields tend to be linked to gold prices.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1993
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