$137 Billion? What is that, two weeks of government spending?
Actually 8300 tons should be worth about 239 billion dollars. However, when you consider that the price of gold has been supressed by the world’s central banks for the past 30 years, the free market price will shortly rise to several thousand and once the hyper inflation kicks, its anyone’s guess. But more importantly, after the dollar’s collapse, you have to figure that Bambi’s boys, Helicopter Ben and little Timmy will try another fiat currency. This will fail, and they will be forced to go back to the king of currencies, gold. They will have to pay the cops and soldiers in gold and gold backed currency or they will walk, so that gold that doesn’t exist will be very important. In addition, we are holding 7000 tons of Europes gold at 33 Liberty Street in NYC at the NY Fed. Wanna bet that it never makes it back to those ingrates?