paper gold

Also found in: Thesaurus, Financial.
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.paper gold - reserve assets in the International Monetary Fundpaper gold - reserve assets in the International Monetary Fund; designed to supplement reserves of gold and convertible currencies used to maintain stability in the foreign exchange market
reserve assets - capital held back from investment in order to meet probable or possible demands
Based on WordNet 3.0, Farlex clipart collection. © 2003-2012 Princeton University, Farlex Inc.
References in periodicals archive ?
In our approach, the money supply is based on Barro (1979), who pointed out that "It is frequently argued that the deflationist tendency of the gold standard can be countered by supplementing the world's gold stock with some form of paper gold. For example, the plans suggested by Keynes (1943), Triffin (1960, part II), and Mundell (1971, pp.
India's Sovereign Gold Bonds Scheme encourages investors to invest in 'paper gold' instead of buying its physical form.
For the very reasons investors prefer gold as an asset, paper gold appears to be a reasonably more prudent choice.
Wealth advisors continue to prefer investing in paper gold over physical gold in 2018.
These are often more creative than Christmas tables and you can steal ideas!" TOP TABLE: Talking Tables Party Porcelain range offers all the gold ingredients for a setting: A 12-pack of paper gold bowls, PS4; gold cutlery, PS7 for a pack of six plastic knives, forks or spoons; gold embossed napkins, PS3.50 for a pack of 20, and plastic champagne flutes, PS2 each.
The media group also cited a report by Cagayan de Oro community paper Gold Star Daily, which quoted Martinez as saying that what the AFP issued was an advisory in response to what she posted on her social media that we thought was not fair.
T HE government has floated a proposal to issue sovereign gold bonds to attract part of the country's estimated 300 tonnes annual demand for gold bars and coins into' paper gold' so that imports of the precious metal in physical form are reduced to save foreign exchange.
But the SDR, sometimes called paper gold, is neither a currency nor a claim on the IMF, but an accounting tool that can be used to settle positions between IMF members.
According to Rolf Schneebeli CEO of Gold Services AG coins represent an excellent way to invest in physical gold for the average investor as they allow anyone to own a protection directly rather than through a bank or a paper gold approach.
The more physical gold that flows into Asia that isn't traded will stay as a permanent insulation to protect their capital for generations, making it harder for western capital markets to play the game of paper gold," he said.
Those who still have paper gold cards when the gates are switched on, will show them to a member of staff who will let them through.