Sentences with phrase «main gold reserve»

However, there's an element of irony in their name, as the main gold reserve was not found on his property, but on the opposite side of the river.

Not exact matches

Analysts who retain sympathy for the gold standard, like self - confessed «gold bug» John Mauldin, have always understood that the main argument in favor of gold is that it imposes an unbreakable trade and capital flow discipline — indeed that is also the main argument against gold — but many of them have tended to de-emphasize reserve currency economics mainly, I think, because this particular problem is to them subsumed under their more general concerns about money.

«Robert Halfon's debate on fuel prices highlights a growing problem in the Chamber Main John Baron MP says Bundesbank should use its # 130 billion of gold reserves if Germany wants to save $ uro»

The main reserves are held at Fort Knox but there is even more gold, mostly owned by other countries, stored in the basement of the New York Federal Reserve Bank (Think Die Hard 3).

As the world's main reserve currency, US dollars account for most governments» foreign exchange reserves and are used to set international market prices for oil, gold and other currencies.

Executive Platinum and Platinum AAdvantage program members as well as customers purchasing full fare coach tickets will be able to reserve Main Cabin Extra seats at no additional charge (Gold AAdvantage members will receive complimentary access through the end of 2013).

And even if Bitcoin's main role will be as an object of speculation, there is nothing wrong with that; the Chinese government currently has the sixth largest gold reserves in the world, so if Bitcoin becomes a replacement to gold for this function the potential upside for Bitcoin is massive.

«The main reserve currency in the world is gold, with a market cap of ~ $ 7 trillion.