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Economy #261858

CBS Evening News for Monday, Dec 03, 1979
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(Studio) Decline of United States dollar against West German mark and increase in gold prices reported.
REPORTER: Walter Cronkite

(NYC) Gold market examined; films shown, Role of Iran and anti-US violence in price increases considered. [Gold traders Gunther GARBY, Marty GREENSBERG - comment.] Bombing of American bank in Frankfurt, West Germany, under court order to freeze Iranian assets, reported; films shown. Possible paranoia among Arab oil producers re: possible freezing of their assets in light of United States action against Iran said bearing on decline of United States dollar; details given.

Brady, Ray;
Cronkite, Walter

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