“valuing the 8,000 tons of Treasury gold at $2,042 an ounce”
Well, how much is actually there in the Treasury Department?
Remember, Texas moved it’s state owned gold back to Texas. They have their own Gold repository. They did not move the gold from NY banks, but sold it and re-bought by more secure means. (from what I have read)
The Federal store of gold has never been audited and a few years ago a gold bar in a New York bank was cut in half and he core of it was bismuth. No more bare were allowed to be cut.