Gold Pool organization

“of the countries would give them enough gold to intervene in the private market for gold to keep the price at $35. It worked for a while, but in 1968, France had left the gold pool and British pound had been devalued and private demand for …”

“would have been to devalue the dollar, but Washington blocked this. Instead, in 1961, the U.S., and they talk about it right here, joined with the central banks of Europe, Great Britain, and Switzerland to form the gold pool managed by the …”