Sovereign Gold Reserves. Geopolitics or economic calculation?

Viorel Mionel (), Oana Mionel () and Alexandra Moraru ()

Knowledge Horizons - Economics, 2015, vol. 7, issue 2, 85-90

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.

Keywords: Gold; sovereign reserves; geopolitics; economy (search for similar items in EconPapers)
Date: 2015
References: View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://orizonturi.ucdc.ro/arhiva/khe7nr2/Mionel.pdf (application/pdf)
http://orizonturi.ucdc.ro/arhiva/khe7nr2/Mionel.pdf (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:khe:journl:v:7:y:2015:i:2:p:85-90

Access Statistics for this article

More articles in Knowledge Horizons - Economics from Faculty of Finance, Banking and Accountancy Bucharest,"Dimitrie Cantemir" Christian University Bucharest Contact information at EDIRC.
Bibliographic data for series maintained by Adi Sava ().