[bert]

-——One of Tricky Dick’s most boneheaded moves IMO-——

Actually he had no choice in the matter. The US was selling gold for $35 per ounce and the line to buy was long enough to buy all the gold in Fort Knox.The market in London was something like $40 per ounce.

All you had to do was buy it from the USA, take it to london and make around 12% on the trip. Going off the gold standard was the only possible course of action

[Jean2]

I never knew that. Thank you for telling me.