USA Gold Reserves ~ Disappearing ~ Where did 48K = 48,000 Metric TONS Go ?!?!?
(media.greatawakening.win)
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The chart seems kind of skewed before 1888. Maximum gold US federal reserve/tresury ever had was 22,500 tons. a) 2,000 tons financed the Marshall Plan to rebuild European countries (UN vassal states) after WW 2, ____ b) 5,000 tons at $35 per ounce in 1950s for balance of trade payments to other countries with USA had deficits with, ___c) 3,000 tons to UK and Switzerland during American Vietnam War and LBJ Great Society inflation period in order to “stabilize” the gold pool, ____d) 1970 International Monetary Fund got 1,000 tons for “currency support” and ____ e) 1971 sales and trades of 2,000 tons getting ready for the end of dollar (actually Federal Reserve Notes) convertibility = 13,000 tons accounted for as traded and given away. Note: Americans hold 26,000 tons of gold in private so do not worry when they come out and tell us that China has 30,000 tons
Sources: sorry, some of these links might not work, having trouble with ipad *I appreciate any corrections if anyone can post them — automatically changing “_” to “-“ as I type but these are the sources https://www.stlouisfed.org/publications/regional-economist/first-quarter-2020/changing-relationship-trade-americas-gold-reserves ____ https://www.federalreservehistory.org/essays/gold-convertibility-ends ____ https://www.federalreservehistory.org/essays/london_gold_pool _____ https://www.usmoneyreserve.com/news/executive-insights/history-gold-in-america/ ____ https://www.federalreservehistory.org/essays/nixon_ends_bretton_woods_system