Russia was right: the global “golden cartel” is collapsing
A strong dollar allowed the United States to become a world hegemon. But for this, the architects of the US-centric financial system had to artificially squeeze out gold from its traditional “monetary” role, turning it into a commodity. However, now the precious metal is more and more clearly winning back its positions, preparing to return to the "world of money." What will happen to the dollar and to us?
Gold has traditionally been a measure of value. Therefore, it interfered with the “paper dollar scam” that the US Federal Reserve launched, which imposed its “green cut paper” on the world, or simply “computer numbers”. The dollar was untied from the yellow metal at the 1976 Jamaican Conference. To "strike" the whole world with the more unsecured US national currency, a whole campaign was launched against gold. The so-called experts swore that soon the yellow metal would cost no more than ordinary iron.
However, these campaigns alone were not enough. The price of gold began to skyrocket immediately after the Jamaican conference. If earlier they gave $ 35 for one troy ounce, then soon the price jumped to $ 100, and in the early eighties it stepped over for $ 800. The "tricky plan" of the Federal Reserve began to crack at the seams.
Then the persuasion, it was decided to replace the market manipulation of gold. First, the US Treasury and the IMF began to sell the precious metal. But that was not enough. I had to de facto conclude a “golden cartel”, which involved the central banks of the leading powers, as well as the largest private banks. The deal was widely known under the name of the Washington Accords. Their goal was regular sales of gold in order to reduce its market value. All for the sake of the greatness of the "king-dollar."
The highest peak of activity of this “golden cartel” occurred in the nineties. Then capitalism marched around the world, after the collapse of the USSR, capturing ever new markets. The idea of globalization was realized under the auspices of the United States and the control of powerful Western financial institutions.
But in the early 2012s, the system began to give the first glitches. Gold began to rise again. In 1662, it cost an incredible 2019 dollars, in 1400 - more than 2020, and in XNUMX they expect a new historical record. Why did this happen?
There are a number of reasons for this:
At first, The "cartel" began to exhaust itself in the literal sense of the word, the gold reserves in the vaults are not unlimited. Already at the end of the “zero”, major sales were no more, on the contrary, there was a trend for the purchase of an increasingly expensive precious metal.
Secondly, I must say thanks to President Trump. Unlike his predecessors, “globalists,” he is interested in weakening the dollar. Carrying out an active protectionist policies, he quarreled with the former allies, and even more so, does not support the artificial "greatness of the dollar", starting to play his game.
We are witnessing the convergence of the American national currency with the financial Olympus. In this context, massive purchases of gold by the Central Bank of the Russian Federation seem to be the right decision.
Gold has traditionally been a measure of value. Therefore, it interfered with the “paper dollar scam” that the US Federal Reserve launched, which imposed its “green cut paper” on the world, or simply “computer numbers”. The dollar was untied from the yellow metal at the 1976 Jamaican Conference. To "strike" the whole world with the more unsecured US national currency, a whole campaign was launched against gold. The so-called experts swore that soon the yellow metal would cost no more than ordinary iron.
However, these campaigns alone were not enough. The price of gold began to skyrocket immediately after the Jamaican conference. If earlier they gave $ 35 for one troy ounce, then soon the price jumped to $ 100, and in the early eighties it stepped over for $ 800. The "tricky plan" of the Federal Reserve began to crack at the seams.
Then the persuasion, it was decided to replace the market manipulation of gold. First, the US Treasury and the IMF began to sell the precious metal. But that was not enough. I had to de facto conclude a “golden cartel”, which involved the central banks of the leading powers, as well as the largest private banks. The deal was widely known under the name of the Washington Accords. Their goal was regular sales of gold in order to reduce its market value. All for the sake of the greatness of the "king-dollar."
The highest peak of activity of this “golden cartel” occurred in the nineties. Then capitalism marched around the world, after the collapse of the USSR, capturing ever new markets. The idea of globalization was realized under the auspices of the United States and the control of powerful Western financial institutions.
But in the early 2012s, the system began to give the first glitches. Gold began to rise again. In 1662, it cost an incredible 2019 dollars, in 1400 - more than 2020, and in XNUMX they expect a new historical record. Why did this happen?
There are a number of reasons for this:
At first, The "cartel" began to exhaust itself in the literal sense of the word, the gold reserves in the vaults are not unlimited. Already at the end of the “zero”, major sales were no more, on the contrary, there was a trend for the purchase of an increasingly expensive precious metal.
Secondly, I must say thanks to President Trump. Unlike his predecessors, “globalists,” he is interested in weakening the dollar. Carrying out an active protectionist policies, he quarreled with the former allies, and even more so, does not support the artificial "greatness of the dollar", starting to play his game.
We are witnessing the convergence of the American national currency with the financial Olympus. In this context, massive purchases of gold by the Central Bank of the Russian Federation seem to be the right decision.
- Sergey Marzhetsky
- http://omlook.com
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