Russia was right: the global “golden cartel” is collapsing

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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.
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8 comments
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  1. 0
    11 August 2019 21: 58
    Tse dilo. Sooner or later, the dollar will move.

    But ordinary readers of the site will not see gold anyway ...
  2. 0
    12 August 2019 03: 39
    Trump said he will solve the problem of state. debt. So he solves it.
  3. +1
    12 August 2019 03: 57
    The fact that Green would collapse became clear already by the beginning of the 90s. And it's not about gold or energy. It's about the laws of economics. The notorious "commodity-money-commodity"! The Americans have replaced the actually produced goods, turning the "dollar" into a commodity. The US economy immediately began to falter as soon as the quantity of this "good" exceeded the real demand as a unit of commodity exchange. Hello inflation. The situation could be quite simply reset to zero by removing the extra "product" from circulation. Which is exactly what Trump is trying to do. I think Trump would gladly impose sanctions on the entire US financial sector if he had the opportunity.
    1. +1
      12 August 2019 08: 30
      You're right. And although now Trump and Powell are already trying to play the same tune, the circle is complete. In the presence of the slightest volatility in the markets associated with fluctuations in currencies (the dollar in the first place), people will run into "assets - havens", and there are very few of them - the same dollar (oddly enough), gold miners prefer to keep (China, RF and so on), the yen and the franc remain. Their take-off will be their end. In general, back to -

      You give me grain - I give you oil.
  4. +4
    12 August 2019 11: 33
    The price of gold is always more or less constant, and if the price was $ 35, but became 1400, then it was not gold that went up, but the dollar fell. Trump may well write off the US debt if the dollar depreciates to the Zimbabwean dollar, and calmly pay off the suckers who invested in American currency.
    1. +1
      12 August 2019 13: 06
      Quote: Bulanov
      The price of gold is always more or less constant, and if the price was $ 35, but became 1400, then it was not gold that went up, but the dollar fell.

      Exactly. Even the history of gold quotes and various dollar indices clearly shows that they are almost always in antiphase. The real price of gold (in a first approximation) is determined by accumulated reserves and volume of production. All other fluctuations are related to the dollar. Even the crypt is not yet able to replace gold as safe heaven, no matter how some manipulators try.
    2. +2
      13 August 2019 17: 09
      It’s interesting, of course ... But why shouldn’t our leadership start to gradually get rid of $, restoring the status of the ruble to gold?
  5. +2
    13 August 2019 17: 13
    Sooner or later, ANY scam is revealed and the inflated soap bubble bursts. The "virtual" economy of amers is growing (everyone is talking about it), but how much will it grow? Sooner or later, the deception of the whole world will be revealed, and it will be an EXPLOSION! The main thing is not to get in the way of this explosion, and so that this collapsed structure does not bury Russia under it.