The paper is a study of the price level and relative price effects of a policy to monetize gold and fix its price at a … gold standard and during the post-monetization period. The paper also explores the adjustments to fiat money which are … necessary to ensure that this type of gold monetization is non-inflationary. Finally, some conditions which produce a run on the …

The Gold Pool (1961-1968) was one of the most ambitious cases of central bank cooperation in history. Major central … banks pooled interventions - sharing profits and losses - to stabilize the dollar price of gold. Why did it collapse? From …

For investors, gold is an asset without a yield that is attractive in times of low and negative real interest rates …. Gold also has an embedded put option because investors can sell it to those who value its use as jewelry or as a productive … input. This paper presents an approach for pricing gold from investors' perspective. The model is based on no …

mitigate these vulnerabilities, they remain especially acute in trading operations of specific goods. One of these is gold …. High-risk gold originating in Latin America and the Caribbean is often laundered within the region before advancing to … destination markets. This report examines the risks and vulnerabilities linked to financial crimes in gold trade through FTZs …

the presumption that the pound sterling continued to dominate the U.S. dollar in central bank reserves until after World …

" money is capable of accommodating shifts that were politically destructive in the " Newtonian" world …

based on gold: circumstances which have resonance with the world of today. We identify aggregate supply, aggregate demand …

the choice was obvious - - join the gold standard, all the advanced countries have done it. Floating exchange rates and …

crises in the historical record under metallic monetary regimes and of crises post-World War II under Bretton Woods, and …