assets (gold, oil, and stocks) covering the period from 1987 to 2012. The analysis is performed on both intra-day and daily …. Heterogeneity prevails in correlations between gold and stocks. After the 2008 crisis, correlations among all three assets increase …

This paper argues that using gold as collateral for highly distressed bonds would bring great benefits to the euro area … (ESCB) has agreed to the temporary transfer of the national central bank's gold to a debt agency in full independence. This … debt agency passes the gold along, in strict compliance with the prohibition of monetary debt financing. The paper also …

This paper argues that using gold as collateral for highly distressed bonds would bring great benefits to the euro area … (ESCB) has agreed to the temporary transfer of the national central bank’s gold to a debt agency in full independence. This … debt agency passes the gold along, in strict compliance with the prohibition of monetary debt financing. The paper also …