The Gold Observer

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Europe Has Been Preparing a Global Gold Standard Since the 1970s. Part 2
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Europe Has Been Preparing a Global Gold…

Jan Nieuwenhuijs
Oct 17, 2022
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Share this post
Europe Has Been Preparing a Global Gold Standard Since the 1970s. Part 2
thegoldobserver.substack.com

There is more evidence of how European central banks are equalizing their monetary gold reserves proportionally to Gross Domestic Product (GDP). Secret agreements make countries sell or buy gold to balance gold reserves within Europe, and relative to large economies abroad. Evenly distributed gold reserves are a requirement for a stable transition towards a gold standard whereby concurrently the debt overhang can be extinguished. Europe has been preparing for this reset.

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