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This newspaper page contains 3 articles. Subscribers can read the full text of each article.
Newspaper
News
Location
Frederick, Maryland, United States of America
Date
Nov 27, 1978
Page
8
The piece argues the traditional links between the dollar, stocks and gold are shifting. It notes gold’s volatile history since 1975, references Carter era prices, and cites Argus Research predicting a possible drop to around $100 an ounce before rising toward $900 by 1981 as policy and market factors reshape the gold market.
The Baltimore Federal Savings and Loan Association celebrated Nov 20 the new Golden Ring Office inside Hecht's. Executives from Hecht's and Baltimore Federal attended with local dignitaries. Gerald A. Sampson and Robert E. Hecht Sr. led the ribbon cutting. A $100 check went to Edward W. Hearn of United Fund Central Maryland. The Eastpoint Office remains Baltimore Federal's first and Joanne Varley, Cheryl Wilder, and Sally Dennis supported staff. The Hecht's site on the second floor marks the 22nd Baltimore Federal office, a full savings service facility offering Hecht's customer services.
The Federal Reserve Board will soon be majority Carter appointees, but policy on high interest rates likely remains unchanged. Carter has filled two seats this year and may name a fourth, with names like Luther Hodge Jr and Lyle Gramley floated for the vacant position. Miller, an independent, backs diversifying the economic expertise on the panel.
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