Today we will look at what the 'closing of the gold window" meant and still means to all nations of the world and how the United States of America is still on the hook for thousands of tons of gold at $35 per troy ounce.
Our conclusion is that the move away from having to deal in dollars even when not dealing with the U.S. is a normal desire of independent and sovereign nations.
British Requests for $3 billion in US Treasury Gold – The Trigger that Closed the Gold Window
The U.S. Owes Brazil 1292 Tonnes of Gold at $35/oz.:
Currencies Today Are IOU Nothings by John Exter: https://www.aier.org/wp-content/uploads/2013/11/EEB197206.pdf
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