To make sense of things, there still would be the rest of the world’s gold to audit.
No, Russia, China hold that info as a national security matter. The point is no one knows how much the US actually holds, and the Fed and Treasury have NOT approved a full audit since 1953. Something stinks, perhaps why the US Comex gold market just had a “ unable to deliver “ ( physical contracts) a few months ago.Fact: They had to go to the London market to satisfy the “ in my hand” physical demand in March / April. Once ( not if) the US Comex has a full blown “ unable to deliver” moment, the legendary great investors forecast pricing will hit anywhere from $5,000 oz to $12,000 oz virtually overnight. ( that figure is priced in US Dollars)...Currency houses have already forecast a large weakening in the USD due to all that keeps getting printed. Anyway, the very first step is to audit our national Gold reserves.