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<p>[QUOTE=&quot;Gam3rBlake, post: 7694800, member: 115909&quot;]I understand that and that it has nothing to with WW2.</p><p><br /></p><p>But what I’m saying is that it shouldn’t be perceived as Nixon or the US pulling a sleezy move or victimizing other countries like Russia did with Spain’s gold (see: “Moscow Gold” for more info).</p><p><br /></p><p>I’m saying that the least France and Germany could do is leave that gold in the US and accept the dollars when one considers how much money the US spent fighting the Nazis in Germany and helping to liberate France from them.</p><p><br /></p><p>I mean in the end it should’ve been viewed as Germany &amp; France leaving their physical gold with the US to help out America in return for all the help America had lended them in the past.</p><p><br /></p><p>Besides it’s not even like the US just kept the gold and left them with squat like Russia did to Spain.</p><p><br /></p><p>They did get US Dollars which could’ve been used to buy gold on the open market if they really wanted physical gold that badly.</p><p><br /></p><p>There was nothing stopping them from taking those US Dollars and buying all the gold bullion they could afford from bullion dealers all over the world.</p><p><br /></p><p>For example if I am Germany and the government took my gold and paid me US Dollars for it I could simply go to JM Bullion and use those US Dollars to buy my gold back. Gold is a fungible commodity so it doesn’t matter that it’s not the exact same gold. If the US government took 2 of my 1oz American Gold Eagles and I used the money they gave me to buy 2x 1oz Gold Maple Leaves I still have my 2 oz of gold back in the end.</p><p><br /></p><p>In summary: What Nixon did shouldn’t be perceived as theft from France &amp; Germany or as the US taking advantage of them or victimizing them. It should be seen as an economic policy by Nixon to maintain global financial stability.[/QUOTE]</p><p><br /></p>

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