The U.S. Empire Would Have Collapsed Decades Ago If It Didn’t Abandon The Gold Standard

The U.S. will never go back on a gold standard.  The notion that a U.S. Dollar backed by gold would solve our financial problems is pure folly.  Why?  Because, if the U.S. Empire didn’t abandon the gold standard in 1971, it would have collapsed decades ago. Unfortunately, some of the…

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Bundesbank Hauls its Gold back from New York & Paris Faster than Planned

(By Wolf Richter) A “trust-building” measure after an enormous hullabaloo. “In 2016, we brought back again substantially more gold to Germany than initially planned; by now, nearly half of the gold reserves are in Germany,” Bundesbank President Jens Weidmann told the German tabloid Bild in what has become an annual…

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