Still no audit of Fort Knox. Hard to predict how the US will do if gold becomes a crucial component of currency value.
What Gold? we sure don’t have it
Hard to predict how the US will do if gold becomes a crucial component of currency value.
One analyst, Dowd, says we don’t have a piddly 8,100 tons....but more. Most question the 8,000 tons we say we have. Dowd claims we may have Libya, Iraq, and few other nations Gold as much of theirs “ disappeared” when we invaded them.
Could be. If not, our currency is in big trouble.