Declassified CIA Memos Reveal Probes Into Gold Market Manipulation

Thursday, January 19, 2017
By Paul Martin

By Smaul gld
Jan 19, 2017

The CIA recently released a series of declassified 1970s memos relating to the gold market and the newly created SDR. These memos give new insight how the CIA viewed the gold market, the perceived manipulation of gold and the potential for the SDR to become a gold substitute in the international monetary system.

The classification of the documents is significant because “secret” is the CIA’s second-highest classification. The CIA notes unauthorized disclosure of secret information would cause “serious damage” to national security.

Each of the declassified gold and SDR documents was marked “SECRET” with a warning: “The document contains information affecting the national defense of the United States within the meaning of Title 18 sections 793 and 794 of the US Code.”

CIA Concerns of Gold Market Manipulation (link) – Document: Intelligence Memorandum – The World Gold Market- Semi Annual Review January – June 1970.

The 1970 CIA memorandum reviewed in the video below shows a CIA concerned about gold market manipulation by the Swiss whom they characterize as “in an excellent position to influence the London free market fixing.” The memorandum points to “strong circumstantial evidence that Zurich bullion dealers, under the leadership of the Union Bank of Switzerland are again manipulating the gold markets”

The Rest…HERE

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