Browsing All posts tagged under »diamonds«

No golden path to stability

January 7, 2012

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Ever since Europe slid into crisis there has been talk that gold might be a way out.  Why?  Because of gold reserves held by various central banks.  Italy, for example, could pay off a substantial part of its burdensome debt by unloading it gold stocks at current prices. And here is the rub:  at current […]