[Theophilus]

Agree - Bunch-o-babble.

[Repeat Offender]

The gold has been unburdened by what has been.

[chud]

From the "Financial Accounting Manual for Federal Reserve Banks", section 2.10, published May 2025 :

"The Secretary of the Treasury is authorized to issue gold certificates to the Reserve Banks to monetize gold held by the U.S. Department of the Treasury (Treasury). At any time, Treasury may reacquire the gold certificates by demonetizing the gold."

My summary: yeah, they can do this.