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- Title
SOVEREIGN GOLD RESERVES. GEOPOLITICS OR ECONOMIC CALCULATION?
- Authors
MIONEL, Viorel; MIONEL, Oana; MORARU, Alexandra
- Abstract
Gold has had a special course; it has influenced history and has triggered enrichment fantasies. Beyond the value given by its scarcity and its physic-chemical properties, gold has many other uses. Yet we tend to imagine it in the form of large ingots. Thinking thus, we associate it with wealth and with the general idea of abundance. Thus, all countries, together with the desire to boost national economies, are trying to diversify the portfolio by creating economic sovereign gold reserves. But, the growing collapse of world economy and the attempt to set a new international order involves a currency war. A kind of war in which precious metals, not only gold will shine. It is true, the shiniest will be the yellow metal, and that is because gold is really the most important geopolitical metal.
- Subjects
GOLD reserves; GEOPOLITICS; INGOTS; PORTFOLIO diversification; ECONOMIC development
- Publication
Knowledge Horizons / Orizonturi ale Cunoasterii, 2015, Vol 7, Issue 2, p85
- ISSN
2069-0932
- Publication type
Article