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Bankers talk of dollar gold link, Devaluation fears rise
Babson reports on a New York banker suggesting that the United States might suspend redeeming dollars for gold as nations hold foreign dollar balances. The piece discusses impacts on gold prices, IMF plans for Rio, and potential shifts in U S monetary policy amid rising debt to Europe and liquidity concerns.
MENTIONED IN THIS ARTICLE
Babson Park
Mass
N. Y
U. S
U. S. Treasury
Washington
France
Rio de Janeiro
International Monetary Fund
London
New York
Great
Smail
Europe
Zurich
Banking & Political Ca
Ufermy
Free World
Sam
Bretton Woods
Rio
N. S