The coming US dollar crisis Message Board

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Strategies & Market Trends : The coming US dollar crisis

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To: Real Man who wrote (1630)	10/19/2007 9:18:10 AM
From: Tommaso	Read Replies (2) of 71456

Vi, there's not any US Central Bank with gold reserves. The US government owns the gold that (at least supposedly) resides in Fort Knox, but it serves no purpose except to make a fair number of Americans imagine that somehow their dollars are based on it. I don't think there have been any transactions--buying, selling, or lending--for many years. But I would be more than happy to be corrected if my impressions are wrong.

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