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Gold Market Skyrockets Amid U S Treasury Call for Change
Washington AP The Treasury Department says the volatile free gold market fuels the case for a monetary system not tied to gold as price spikes undermine the dollar. It dismisses rumors of a secret U S Soviet deal and Volcker resigning as unfounded while noting gold’s psychological impact on the dollar.
MENTIONED IN THIS ARTICLE
Washington
Treasury Department
Treasury
London
U.S
Paul A. Volcker
Treaury
Volcker
Arthur F. Burns
Federal Reserve Board
Burns
Nixon
Lesignate
George) Shutz