Has the US Treasury been selling the Fort Know gold to the Federal Reserve???
I have been wondering why the National Debt has not increased this year. Could this be the reason why????
Check out the
https://fiscaldata.treasury.gov/datasets/debt-to-the-penny/debt-to-the-penny
Also note the $400 billion jump in the National Debt in the past three days.
Are the books being cooked?????
The National Debt number will fluctuate based more on the revenues coming into the system than on expenditures (which for the most part are “set.”)
A $400B swing could be something like re-financing TBills at a higher rate. It could be accounting to 31 days in the month and not 30.
A $400B swing could also reflect a return to traditional funding mechanisms after the debt ceiling was raised last week,
$400B on our debt is a rounding error.
Most likely leased out. Many in the field suspect it has been leased out to bullion banks, sovereign nations, etc … ownership has encumbrances.
I suspect most Gold is physically in Ft Knox, Denver, NY, as advertised, BUT if the lease trail is audited, there can be problems with “ ownership “. Much written on this.
That said, MANY are waiting for the full audit, we will not forget Trump’s promise.