Monday , 24 April 2017


Banking

Fed Announces Gold Standard To Be Phased In Starting July 1st!

gold-bars-india

Earlier today Federal Reserve Chairman Janet Yellen made the surprising announcement of the return to the gold standard saying, “The safest way for the economy to proceed is through a new system that holds more accountability for the U.S. dollar and its value in the global markets.”

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Details of U.S. Gold Reserves Policy (and links to those of 7 other countries)

us-dept-of-treasury1

The U.S. gold reserves create intrigue and controversy due to their claimed size, and also because the U.S. gold stocks have never been physically audited and verified by a entity independent of the U.S. Government. [This article highlights what little is known about the U.S. Government's policy and provides links to articles on the policies of Germany, Italy, Netherlands, Switzerland, France, Russia & Austria.

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