July 23, 2014: This week, conflicts in Eastern Ukraine and Israel-Palestine are emphasizing the role of gold as a safe haven investment. American financial policy is forcing foreign individuals away from the dollar and into gold. Finally, the overdue gold price reform is searching for a 3rd party to administer the price fix. Here are this week’s headlines.
A CHINESE GOLD STANDARD? chinese gold standard Your News to Know July 30, 2014Throughout history, world hegemons have linked their currency to gold, with Britain creating a gold standard in 1821 and the United States backing the dollar with gold after the Bretton Woods conference.