CBS Evening News for Monday, Jul 24, 1978
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(Studio) Fall of United States dollar worldwide noted.
REPORTER: Roger Mudd
(NYC) Amt. of gold trading done today due to dollar devaluation, lowest since World War II, reported Fears about world oil prices outlined. [New York City gold trader Paul HALLADIN - explains potential for even higher foreign oil prices for Americans] [Floor barker Ross ROWLAND, Junior - says gold trading means world has no faith in United States administration and currency.] [HALLADIN - says gold market is indication of future course of dollar.] Admin. statement re: apparent reduction in trade deficit in 1978 and 1979 noted.
REPORTER: Ray Brady
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