TREASURY RELEASES RESULTS OF NY FED GOLD AUDIT, INADVERTANTLY REVEALS US GOLD STORES ARE ONLY 466 TONS!
FEBRUARY 18, 2013 BY THE DOC 17 COMMENTS
As part of the audit, the Treasury tested a sample of the government’s 34,021 gold bars in the New York Fed’s vault five stories below Manhattan’s financial district. Why is this so significant? As anyone with a simple calculator can discover, the Treasury department has just inadvertently admitted that rather than the official 8,133.5 tons the Treasury reports as the US’ official gold reserves, the Treasury’s actual physical gold stores at the NY Fed are a measly 466.57 tons! No wonder it will take the Bundesbank 7 years to repatriate 300 tons!
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