In 1963, President John F. Kennedy entered into an Agreement with President Soekarno to provide the funds to allow the United States Treasury to print its own currency, thus subverting the “right” to print the currency held by the Federal Reserve. The Agreement would have transferred some 59,000 tons of gold to underpin this currency. The problem with this was that the US domestic currency would have then been backed by gold which would have been a violation of international agreements meant to stabilize currencies. 11 days after signing this agreement, President Kennedy was assassinated. President Johnson the suspended EO11110 as issued by Kennedy and transferred the bullion to the Federal Reserve. The Green Hilton Agreement was not implemented until 1968 when Soekarno fell from office and when Global Trade made it imperative that the world have a Global Currency. As the Gold had been transferred to the US Treasury in 1968, a series of Bonds known as Kennedy Bonds were issued in order to honor the terms of the Green Hilton Agreement made between Kennedy and Soekarno, the 1968 terms of the gold delivery to the United States being different than made in 1934. When after 30 years, interest had not been paid as promised, a reissue of the bonds in an increased number were issued as commemorative notes and were accepted by the owners of the Gold, the Dragon Family.
