To: Bobby Yellin who wrote (30495 ) 3/23/1999 6:50:00 AM From: long-gone Read Replies (1) | Respond to of 116778
Morgy, Don't you get it, it was never about "Reducing the currency use of gold" by the IMF, it was just an easy bailout of the countries and big banks which still held WWII Holocaust gold. Remember, there was also a Brazil and Argentina Nazi connection and a recent gold sale by thise countries to "bail-out" their currencies. These guys are willing to throw Russia & most every gold miner just to cut the costs of the Holocaust pay-off. You will note the N.Y. Fed had some Holocaust era gold? Who brokered the IMF bail out? look here also, 2.4 Negotiations with other neutral governments Besides Switzerland, the Allies intended to conduct negotiations with Sweden, Spain, Portugal and possibly also Romania and Turkey on the liquidation and surrender of German assets in these states and the restitution of German looted gold. The negotiations with Switzerland were treated as a precedent. They were determined to demonstrate a success, to show the above-mentioned states that Switzerland had at least partially yielded to their views. A breakdown in the negotiations with Switzerland would, in their view, have threatened the successful conclusion of the negotiations with these states. The Allies were therefore inclined to reduce their substantive claims as well, if necessary. In August 1946 a similar agreement was concluded with Sweden, and later with Spain and Portugal also (Recent sales of gold Portugal?????????) swissembassy.org.uk Remember this quote folks, "Juries hate coincidence"! Is it strictly "coincidence" that the low gold prices of history were during the closing of the Holocaust pay-off?