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Wall Street Bear Discussion Board »» Thanks, Remember. Now it's even more curious.
Thanks, Remember. Now it's even more curious.
Rasputin - Sun, Sep 13, 2009 - 06:23 PM

Perusing this Treasury document:

http://www.fms.treas.gov/gold/current.html

...we see that, according to the Treasury's own document, the following:

Total - Federal Reserve Bank-Held Gold:

13,452,783.620 ounces

...and it's worth only:

$568,006,120.59

...so why does the Fed show they hold "Gold Stock" (and not "Certificates", I might add) of $11 billion, which translates to 262 million ounces at $42.22 per ounce?


[ Post Last Edited By Rasputin on Sun, Sep 13, 2009 - 06:24 PM ]

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OMG this is an incredible find, Rasputin. Many thanks!
FiduciaryBear - Sun, Sep 13, 2009 - 05:14 PM
They wouldn't be nearly as bankrupt if they would...
Rasputin - Sun, Sep 13, 2009 - 05:32 PM
Yes, I had noticed that too
wrs - Sun, Sep 13, 2009 - 05:18 PM
Yes, WRS, and thus began the slippery slope...
Rasputin - Sun, Sep 13, 2009 - 05:50 PM
Re: Yes, I had noticed that too
remember - Sun, Sep 13, 2009 - 06:12 PM
Thanks, Remember. Now it's even more curious.
Rasputin - Sun, Sep 13, 2009 - 06:23 PM
Which brings up another interesting point...
Rasputin - Sun, Sep 13, 2009 - 06:30 PM
Heh, if ten million people each bought 25 Gold Eagles...
Rasputin - Sun, Sep 13, 2009 - 06:46 PM
Been `temporary' for about a year now! LOL! [ NT ]
P2 Lodge - Sun, Sep 13, 2009 - 06:48 PM
I sense the situation is unravelling - OCICBW [ NT ]
FiduciaryBear - Sun, Sep 13, 2009 - 07:21 PM
I remember reading through FED docs in 2006
meg-abear - Mon, Sep 14, 2009 - 08:24 AM

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