The vault of the New York Federal Reserve Bank.
Or do you doubt that the gold was ever moved?
It could well have been moved. The IBS makes sense since both the Fed and the Turkish central bank are both members. It's a logical intermediary. Like I said, nineteen tons isn't a huge amount to move.
Could it be done with a paper transfer from one Reserve Bank to another? I assume it could.
But you know, the Banks insist on projecting a lot of illusions about the banking system’s actual mechanics.