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To: BfloGuy
As of January 2013 The Federal Reserve had deposits of 8.133 thousand tons of physical gold. This is about the equivalent of Germany Italy and France, the next three largest holders of gold, put together. China had about 1000 tons.
20 posted on 10/21/2013 10:27:11 PM PDT by hinckley buzzard
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To: hinckley buzzard
As of January 2013 The Federal Reserve had deposits of 8.133 thousand tons of physical gold. This is about the equivalent of Germany Italy and France, the next three largest holders of gold, put together. China had about 1000 tons.

Ah, but is that 8,133 tons really there? And how many of those tons are deposits being held for foreign entities? That's not meant as a trick question; I'd just like to know.

21 posted on 10/22/2013 3:02:40 PM PDT by BfloGuy (The final outcome of the credit expansion is general impoverishment. [Ludwig Von Mises])
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