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New York Fed Gold audit
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Thread: New York Fed Gold audit

  1. #1
    Join Date
    Dec 2009
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  2. #2
    Join Date
    Sep 2010
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    Quote Originally Posted by Matthew Shelley View Post

    So ? no one has ever doubted that the gold held by the federal reserve was real.

    This article does not address whether the gold has been encumbered.

    and sentences like this


    "The New York Fed holds 99.98% of the U.S.-owned gold bars and coins in the custody of the Federal Reserve. The rest of the gold is on display at Fed banks in cities such as Richmond, Kansas City and San Francisco."


    While probably correct is designed to be misleading.

    Wake me up when someone claims they audited the gold in Fort Knox, West Point and Denver.

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