Word: sedillot
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Dates: during 1970-1979
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...devaluations-that a few kilos of gold buried in a flower garden are sometimes the only insurance against personal financial disaster. Almost half of the entire 8,900 tons of gold held privately in Europe is in France. Today's French goldbug, says Paris Financial Editor René Sedillot, "is apt to be a peasant or a workingman, not a sophisticated capitalist. It's no use telling such hoarders that they ought to buy stocks. In their eyes, gold is a tried and true friend. It's part of the setting of their daily lives, like their...
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