Tuesday, August 1, 2017

Revealed for the first time: just how much gold is in London's vaults

This article allegedly provides more transparency for the LBMA's gold holdings, but it also perhaps unwittingly exposes one of the biggest lies about the Fed's gold holdings.  This article declares the Fed owns 6700 tons.  According to the Fed itself, it owns no gold.  It's listed as an asset in the US Treasury balance sheet.  And the 8100 ton quantity is questionable.


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