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- W2488405910 abstract "The theoretical analysis of GES strain adopted in Chapter 2 has its counterpart in actual events. The first notable evidence of strain in the system was heavy private and official buying of gold, in the London market, in the final quarter of 1960, which temporarily pushed the price up to $40 per oz. The system could not remain stable at that price since the option of buying from the U.S. at $35 per oz. and selling at a higher price was opened up, whilst such operations themselves created expectations of an increase in the dollar price of gold and further buying could ensue." @default.
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- W2488405910 date "1971-01-01" @default.
- W2488405910 modified "2023-09-23" @default.
- W2488405910 title "Developments since 1960" @default.
- W2488405910 doi "https://doi.org/10.1007/978-1-349-01039-4_5" @default.
- W2488405910 hasPublicationYear "1971" @default.
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