{"id":3005,"date":"2014-12-14T12:57:48","date_gmt":"2014-12-14T17:57:48","guid":{"rendered":"http:\/\/olduvai.ca\/?p=3005"},"modified":"2014-12-14T12:57:48","modified_gmt":"2014-12-14T17:57:48","slug":"new-york-times-on-benefits-of-gold-in-currency-wars-www-goldcore-com","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=3005","title":{"rendered":"New York Times on Benefits of Gold in Currency Wars | www.goldcore.com"},"content":{"rendered":"<p><a href=\"http:\/\/www.goldcore.com\/goldcore_blog\/New_York_Times_on_Benefits_of_Gold_in_Currency_Wars\">New York Times on Benefits of Gold in Currency Wars | www.goldcore.com<\/a>.<\/p>\n<p style=\"color: #333333; font-size: 12px; line-height: 1.6em; padding: 0px; margin: 0px 0px 1em 0px;\">The New York Times published an important article this week in which the benefits of gold to nation states during a period of\u00a0<a style=\"color: #000000; text-decoration: underline; padding: 0px; margin: 0px;\" href=\"http:\/\/info.goldcore.com\/currency_wars_bye_bye_petro_dollar_buy_buy_gold_goldcore_insight_february_2013-0\">currency wars<\/a>\u00a0was highlighted. The article was noteworthy as the New York Times has rarely covered gold in a positive manner.<\/p>\n<p style=\"color: #333333; font-size: 12px; line-height: 1.6em; padding: 0px; margin: 0px 0px 1em 0px;\"><a style=\"color: #000000; text-decoration: underline; padding: 0px; margin: 0px;\" href=\"http:\/\/info.goldcore.com\/currency_wars_bye_bye_petro_dollar_buy_buy_gold_goldcore_insight_february_2013-0\"><img decoding=\"async\" style=\"float: left; width: 450px; padding: 0px; margin: 10px; border: 0px none initial;\" src=\"http:\/\/dzswc0o8s13dx.cloudfront.net\/goldcore_bloomberg_chart1_12-12-14.png\" alt=\"\" \/><\/a><\/p>\n<p style=\"color: #333333; font-size: 12px; line-height: 1.6em; padding: 0px; margin: 0px 0px 1em 0px;\">The article, entitled \u2018The Golden Age\u2019 is about the growing use of gold in geopolitical affairs. They drew attention to the gold repatriation movements in Europe and to the accumulation of the precious metals in vast quantities by the central banks of the East &#8211; particularly Russia and China.<\/p>\n<p style=\"color: #333333; font-size: 12px; line-height: 1.6em; padding: 0px; margin: 0px 0px 1em 0px;\">The Times attempts to get into the mind-set of the central banks who are buying gold or attempting to repatriate their current stocks of the metal. It presents two major rationales for the current trend.<\/p>\n<p style=\"color: #333333; font-size: 12px; line-height: 1.6em; padding: 0px; margin: 0px 0px 1em 0px;\">&#8220;Some that&#8217;ve interpreted the metal&#8217;s mini-comeback as an indication that financial Armageddon, in the guise of runaway inflation, is approaching. Others have read the recent move as a symbolic way for central banks and governments to make a show of strength in nervously uncertain economic times.&#8221;<\/p>\n<p style=\"color: #333333; font-size: 12px; line-height: 1.6em; padding: 0px; margin: 0px 0px 1em 0px;\"><!-- [if gte mso 9]><xml>\n <w:WordDocument>\n  <w:Zoom>0<\/w:Zoom>\n  <w:DisplayHorizontalDrawingGridEvery>0<\/w:DisplayHorizontalDrawingGridEvery>\n  <w:DisplayVerticalDrawingGridEvery>0<\/w:DisplayVerticalDrawingGridEvery>\n  <w:UseMarginsForDrawingGridOrigin\/>\n <\/w:WordDocument>\n<\/xml><![endif]--> <!--StartFragment--><\/p>\n<p class=\"MsoNormal\"><span style=\"font-size: 13.0pt; font-family: LucidaGrande; color: #282828;\">&#8230;click on the above link to read the rest of the article&#8230;<\/span><\/p>\n<p style=\"color: #333333; font-size: 12px; line-height: 1.6em; padding: 0px; margin: 0px 0px 1em 0px;\"><!--EndFragment--><\/p>\n","protected":false},"excerpt":{"rendered":"<p>New York Times on Benefits of Gold in Currency Wars | www.goldcore.com. The New York Times published an important article this week in which the benefits of gold to nation states during a period of\u00a0currency wars\u00a0was highlighted. The article was noteworthy as the New York Times has rarely covered gold in a positive manner. The [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2],"tags":[124,130,1098,355,374,1921,694],"class_list":["post-3005","post","type-post","status-publish","format-standard","hentry","category-economics","tag-central-banks","tag-china","tag-currency-wars","tag-geopolitics-2","tag-gold","tag-new-york-times","tag-russia"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/3005","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3005"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/3005\/revisions"}],"predecessor-version":[{"id":3006,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/3005\/revisions\/3006"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3005"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3005"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3005"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}