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Keyword: fedrun

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  • A Run on the Fed? (Watch out for the cache of gold kept in the basement of the Federal Reserve Bank)

    03/27/2013 5:38:58 AM PDT · by SeekAndFind · 14 replies
    New York Sun ^ | 03/27/2013
    It would be way overstating things to suggest that there could be a run on the cache of gold that is kept in the basement of the Federal Reserve Bank in New York. But in the wake of reports that Germany is undertaking a program to remove its gold from the Fed and return it to Germany, a bill has been introduced in the legislature of Texas to move the state’s gold bars held at a private bank in New York and transfer them to a depository in the Lone Star State. The bill has been introduced at Austin by...