Home / / The gold rush: Are we seeing the end of paper money?

The gold rush: Are we seeing the end of paper money?

Comments / 2976 Views / Monday, 25 April 2011 00:00

A gold rush of a different type

The headlines of wire services cried last week: “Gold is at its historical peak.” The event was that gold prices in the international markets had crossed the seemingly impossible peak of US$ 1,500 per fine ounce of the metal.

Share This Article


Today's Columnists

Please don’t allow usual slips between the cup and the lip!

27 October 2016

  The spectacle of a garbage dump burning and schools being closed and the residents moving around with handkerchiefs covering their noses and mouths at Badulla was news for more than one day. Even Air Force helicopters had t...

An appeal to the Speaker and Members of Parliament

27 October 2016

Persons elected by the exercise of the people’s franchise are duty bound to function as members of Parliament and safeguard the inalienable sovereignty of the people; govern safeguarding the primary interests of the nation and its p...

Why do agricultural value chains fail? A transaction cost explanation

27 October 2016

Agricultural value chains are important in producing goods and services to the community,  generating employment and increasing family wealth – Pic by Shehan Gunasekara     Introduction Agr...

Penalty for wilful violation of social contracts?

26 October 2016

   Leaders must be aware that continuous wilful violation of the Social Contract is bound to generate unexpected spontaneous negative public reactions which will not only be damaging to the public image of the Yahapalanaya leader...

Columnists More