On Friday, the ECB made a surprise announcement about a 20 year old gold sales agreement. Europe's central banks ditch 20-year-old gold sales agreement https://www.reuters.com/article/europe-cenbank-gold/europes-central-banks-ditch-20-year-old-gold-sales-agreement-idUSL8N24R4QU This is similar to how the London Gold Pool ended: https://en.wikipedia.org/wiki/London_Gold_Pool The Gold Cartel: Government Intervention on Gold, the Mega Bubble in Paper, and What This Means for Your Future by Dimitri Speck https://www.amazon.com/Gold-Cartel-Government-Intervention-Bubble/dp/1137286423 The Gold Cartel is an insightful and thought-provoking analysis of the world market for gold, how it works, and what influences gold price. But it also lends insight into something more disturbing – the organized intervention in the gold markets by Central Banks. In February 1965 President Charles de Gaulle announced his intention to exchange its U.S. dollar reserves for gold https://en.wikipedia.org/wiki/Exorbitant_privilege Please visit the Wall St for Main St website here: http://www.wallstformainst.com/ Follow Jason Burack on Twitter @JasonEBurack Follow Wall St for Main St on Twitter @WallStforMainSt Commit to tipping us monthly for our hard work creating high level, thought proving content about investing and the economy https://www.patreon.com/wallstformainst Also, please take 5 minutes to leave us a good iTunes review here! We only have about 51 5 star iTunes reviews and we need to get to our goal of 100 5 star iTunes reviews asap! https://itunes.apple.com/us/podcast/wall-street-for-main-street/id506204437 If you feel like donating fiat via Paypal, Bitcoin, Gold Money, or mailing us some physical gold or silver, Wall St for Main St accepts one time donations on our main website. Wall St for Main St is also available for personalized investor education and consulting! Please email us to learn more about it! If you want to reach us, please email us at: [email protected] **DISCLAIMER- ANYTHING MENTIONED DURING THIS AUDIO OR SHORT VIDEO RECORDING IS FOR INFORMATION & EDUCATIONAL PURPOSES ONLY AND DOES NOT CONSTITUTE INVESTMENT ADVICE. JASON BURACK AND HIS GUESTS ARE MERELY STATING THEIR OPINIONS ON DIFFERENT TOPICS RELATED TO INVESTING, THE ECONOMY, MARKETS OR COMPANIES. PLEASE TALK TO YOUR INVESTMENT ADVISOR AND DO ADDITIONAL RESEARCH AND DUE DILIGENCE ON YOUR OWN BEFORE INVESTING AND MAKING IMPORTANT INVESTMENT DECISIONS.- DISCLAIMER**