Originally Posted by
Skol
You didn't listen to the clip, the TREASURY owns the gold, not the Fed.
And it's another goldbug conspiracy theory that the Germans can't have their gold back, the Bundesbank have said so. Give up on the conspiracies and give us all a break JB.
Of all the conspiracy theories I've heard from goldbugs over the last few years, NOT A SINGLE ONE has turned out to be true. Draw your own conclusions folks.
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Status Report of U.S. Treasury-Owned Gold
Overview
The Status Report of U.S. Treasury-Owned Gold (Gold Report):
Reflects gold bullion and gold coins owned by the federal government
Summarizes the fine troy ounces and the book value of gold held by various facilities
Identifies the value of gold coins and bullion on display at Federal Reserve banks; coins and bullion in reserve at the Federal Reserve Bank of New York; and gold held by U.S. Mint facilities
The book value of gold is currently $42.2222 per troy ounce. The information used to compile this reporting is received from the U.S. Mint, Federal Reserve banks, and FMS.
Current Report: April 30, 2013
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JB,
Notice the part that says 'Treasury-Owned gold'.