Key Events in the Gold Market in 1972. World’s First Futures Market Opens in Winnipeg in November 1972. Gold Hits Record $70 per Ounce. Gold Remains an “Attractive Reserve Asset”. Check out all the Smaulgld podcasts here. Not a Smaulgld subscriber? Sign up here. Donate To Smaulgld.com via paypal The State of the Gold Market … Read More →
The CIA Report on the Gold Market in 1972, the Year the U.S. Went Off the Gold Standard. Classification of the CIA report drops from “Secret” to “Confidential”. Focus on the decline of South African gold production and sales. Soviet Union gold sales accelerated in 1972. Grain Prices Skyrocket. Check out all the Smaulgld podcasts … Read More →
The CIA Report on the Gold Market in 1971, the Year the U.S. Went Off the Gold Standard. The United States Sold a Staggering 24,685,714 ounces of gold in 1971, or 767.81 Tons, Prior to Closing the Gold Window on August 15, 1971. … and another 85,714 ounces or 2.66 tons from August 15 to … Read More →
The United States sold 22,571,428 ounces (702.0498 tons) in 1970. South Africa Sold More Than Twice as Much Gold in 1970 as the United States. Check out all the Smaulgld podcasts here. Not a Smaulgld subscriber? Sign up here. Donate To Smaulgld.com via paypal Please consider making a small donation to Smaulgld.com. Thanks! The State … Read More →
Recently Declassified CIA Documents Show Concern Over Gold Manipulation. Gold Sales From South Africa to the IMF Were Noted. CIA Comments on the Birth of the SDR and its Purpose As a Gold Substitute. Recently De-Classified CIA “SECRET” Documents Reveal Observations on the Gold Market* The documents discussed below were classified as “SECRET”. Secret is … Read More →
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