Search the Archive

Gold Buying #232684

CBS Evening News for Monday, Dec 30, 1974
View other clips in this broadcast →

Material supplied by VTNA may be used for educational analysis or research only. Any editing, reproduction, publication, rebroadcast, public showing or public display may be prohibited by copyright laws.

(Studio) Gold hits $200 per ounce in Paris, France, before price falls later in day. Predictions for gold buying discussed. Americans may purchase gold legally, beginning December 31.
REPORTER: Roger Mudd

(NYC) Gold considered high risk investment. [Banker David ROCKEFELLER - thinks buying gold unwise.] [Gold processor representative John TOEDTMAN - says many people feel gold is good hedge against inflation.] Since Japan made gold buying legal, sales haven't been rampant, but it's different story in France. [John DUCHESNE - says people buy gold because they're afraid of something.] [Analyst James SINCLAIR - believes buyers lack needed information to buy gold.] Buying gold highly speculative.
REPORTER: Robert Schakne

Mudd, Roger;
Schakne, Robert

Note to sponsor members: The Vanderbilt Television News Archive video player requires a modern operating system and browser to work properly. If you are experiencing playback problems, check the minimum requirements and adjust your setup accordingly. After adjustments, if you continue to experience problems, please contact us.

Welcome! Above is the abstract of the item that you're interested in viewing from the Vanderbilt Television News Archive's collection. You have three options if you'd like to view this item:

  • You may request a loan of this video by registering on our website and placing an order.
  • You may visit the Television News Archive on the Vanderbilt campus to view on-site from the Archive's collection.
  • If you are associated with a college or university, you may ask your library if they would like to become a sponsor, which would give students and faculty at your institution the ability to view items from our collection.

If you believe that you are associated with a sponsoring college or university and have received this message in error, please let us know.