GOLD 0.51% $1,391.7 gold futures

Russia & China commence trade settlement with gold, not dollars., page-30

  1. 2,731 Posts.
    lightbulb Created with Sketch. 107
    I don't rule out the possibility that the US has a duplicitous stance regarding gold. The populace is encouraged to disregard gold while the ruling elite publish data suggesting the US is still the world's biggest holder. Go figure.
    We do know there was a foreign run on US gold in the late 1970's, due to the artificially low fixed GP, forcing Nixon To take the USD off the gold standard.
    We also know that, if The US still has substantial gold, it has treated Germany extremely shabbily with regard to timely repatriation of its gold.
    We also know that the US can't return the original German numbered bars, so they were sold or leased without German knowledge or permission.
    One thing or the other. Either they don't have the gold or they treat allies nearly as badly as enemies.
    23.
 
watchlist Created with Sketch. Add GOLD (COMEX) to my watchlist
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.