US central bank gold reserves represent something like 60 percent of the central banks reserves.
Are you sure that the US has any gold reserves! Since the last audit was 1952, how can you make that statement.
US central bank gold reserves represent something like 60 percent of the central banks reserves.
Are you sure that the US has any gold reserves! Since the last audit was 1952, how can you make that statement.
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You can’t have the fiat money arguement both ways. It wouldn’t make any sense for the fed to sell their gold if they could just print the money to buy them back.