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Valuation of gold held key to solution of money crisis
The article argues the world money crisis hinges on gold pricing. It notes America's $10 billion gold stock, valued by others at $42 per ounce versus official $35, creating tensions. It discusses US tariff removal, currency revaluations, pride on both sides, and IMF efforts to resolve the crisis amid large overseas debts and Fort Knox as a famed gold storehouse.
MENTIONED IN THIS ARTICLE
New York
America
U.S
International Monetary Fund
Germany
Europe