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Ronan Manly: How Britain's request for $3 billion in metal shattered the 'gold window'
12:10p ET Tuesday, August 17, 2021
Dear Friend of GATA and Gold:
Bullion Star researcher Ronan Manly has produced a detailed report on the de-facto bank run that caused the closing of the U.S. government's "gold window" in August 1971 -- European government requests, particularly from France and, more so, the United Kingdom, to convert huge amounts of their dollars into metal.
Manly reports evidence that even back then the United States did not have the gold reserves it claimed to have, at least not in "good delivery" form.
Manly's report is headlined "British Requests for $3 Billion in U.S. Treasury Gold -- The Trigger that Closed the Gold Window" and it's posted at Bullion Star here:
https://www.bullionstar.com/blogs/ronan-manly/british-requests-for-3-billion-in-us-treasury-gold-the-trigger-that-closed-the-gold-window/
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org
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