Washington Agreement is another gold rig, former Fed and Treasury official admits

``Coordination of European central bank gold sales under the Washington Agreement on Gold, an agreement made in 1999 and updated in 2004 and 2009, is "the modern counterpart" of the London Gold Pool of the 1960s, which controlled gold prices until it collapsed in March 1968, a former Federal Reserve and U.S. Treasury Department official told an international investment conference a month ago.''