Talk:Gold clause

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History of the US reinstatement in 1976-1977[edit]

There is a first-person, insider account of the 1976-1977 reinstatement of the gold clause in the United States in a recent (May 2009) interview. The interview outlines the backroom dealings (more specifically, the logrolling) of US Senator Jesse Helms and the US Secretary of the Treasury William Simon. The interview is with Howard Segermark, then Helms' Chief Economic Counsel -- recorded in May 2009 -- in an mp3 file, here. The interview with Segerman begins at about 43:00 and the gold clause discussion is c. 45:50 to 50:10. (The web page that describes the interview is at Financial Sense Newshour, May 9, 2009, interview by Eric King with (interviewee) Howard Segermark, (currently, as of May 2009) President & CEO, Segermark Associates Inc. -- however, that link appears to NOT be a permalink so it will likely not be valid after late May or so. (Note: the interview seems to contain a mis-statement, later corrected: Segerman initially places the timeframe as late in the Carter administration but then corrects it and clarifies that the timeframe is the final days of the Ford administration when Simon (a Republican) was Treasury Secretary. N2e (talk) 05:08, 10 May 2009 (UTC)[reply]