NST 4.29% $13.86 northern star resources ltd

Australian Gold Manipulation, page-8

  1. 6,147 Posts.
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    I beg to differ. It is not corruption. It is by design and evolution...

    By design when 44 nations agreed to it in 1944 at the conclusion of WW2 (see 1). By 1965 it was clear that the agreement was no longer viable (See 6 French/De Gaulle dummy spit and See 2). The crescendo of which is a French Battleship/Destroyer berthed at Fort Lee, New Jersey harbour for delivery of all French Gold early August 1971 from New York FED.

    By Friday, August 13, 1971 President Nixon consulted Federal Reserve chairman Arthur Burns, incoming Treasury Secretary John Connally, and then Undersecretary for International Monetary Affairs and future Fed Chairman Paul Volcker - secretly at Camp David. (See 4 Event Section). On Sunday, August 15, when American financial markets were closed, Nixon closed the Gold Window via Executive Order 11615

    The French never got their gold out but to appease the French they were given preferential treatment via the IMF (International Monetary Fund). Look at the list of IMF MDs since 1970 and the French are overly represented for some reason...

    To keep control and maintain USD dominance, the US needed another war (not WW3 thank goodness) but a much smaller one "Yom Kippur War" which culminated in the 1973 Oil Crises. This hoodwinked the oil controlling countries into using the USD as the only means of transacting in oil via a promise of Security, in Specie Convertibility via Aramco Gold disk (See 9) and much later on USD Paper Gold Revaluation (See 7) . Hence giving the US the USD demand it needed on the new floating fiat monetary system or more accurately the Petrodollar system. A system which we kind of still have today. I have some idea on how the system will look when we wean ourselves from oil/fossil fuels... The Fiat of the country that controls Cu and Green Tech will be king.

    As I said its It is by design and evolution. What we do agree upon my dear friend @coto, is that the system we have now will need to change again...This time for the better I hope.
    References:
    1. Ghizoni, Sandra July 1944."Establishment of the Bretton Woods System"
    2. Philip Judge (2001)."Lessons from the London Gold Pool"
    Last edited by Exised: 21/02/23
 
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