Japanese Hoarding Gold Items Amid Yen Crisis
Tokyo reports brisk sales of gold items from medals to coins as citizens seek protection for savings. Bank of Japan Governor Tadashi Sasaki backs the 36 yen per dollar parity while the government buys dollars to defend the yen amid looming revaluation rumors.
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Osaka
Gem reported as large stone found in Ceylon
Ratnayake reported finding a roughly pound gem in southwest Ceylon, authorities undecided on the stone type. The report also notes New York City’s nickname Father Knickerbocker, derived from Washington Irving’s Knickerbocker History of New York.
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Ceylon
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