Why Nixon Really Closed The Gold Window
The official reason was inflation. The official reason was always the cover. The real reason was that France was about to find out.
August 15, 1971: Nixon "temporarily" suspends gold convertibility of the US dollar. "Temporary" lasts 54 years and counting. Official reason: speculative pressure on the dollar. Real reason: Fort Knox was REDACTED.\n\nDe Gaulle had been redeeming dollars for gold throughout 1965-1968, sending the SS France across the Atlantic to physically retrieve the metal. By 1971, French gold reserves were 92% redeemed against held dollar claims. Other nations were beginning to follow. Switzerland was preparing a 4-vessel transport for September 1971.\n\nThe that triggered the closure was conducted REDACTED, 1971. The or found that Fort Knox contained REDACTED tonnes of gold against claimed reserves of 8,133.5 tonnes. The shortfall was REDACTED. The destination of the missing metal was REDACTED. Three of the four ors are now deceased. The fourth recanted his findings in 1978 in a sworn statement. The sworn statement was filmed. In the film, his eyes are wrong.\n\nThe gold is not gone. The gold was moved. The gold is in a vault in REDACTED. The vault is not on any government balance sheet. The vault is owned by REDACTED.
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