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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?


To: Char who wrote (35325)6/14/1999 8:12:00 AM
From: Richard Mazzarella  Read Replies (2) | Respond to of 116764
 
Char, thanks for the links, lots of interesting data there, thanks again.



To: Char who wrote (35325)6/14/1999 9:08:00 AM
From: long-gone  Read Replies (1) | Respond to of 116764
 
<<I suppose the only answer lies with an audit. The US government says that the GAO has inspected the Gold in the US Gold Reserve, but an inspection is not the same as a full audit. Until a full and independent audit is completed, we will never know whether the Gold is there or not. The few million Dollars that it would cost for the audit seems a small price to pay for the peace of mind knowing that the Gold is there. And if this essential monetary resource isn't there, I would rather not think the unthinkable. >>

Nice find. Yes, despite the letter that I got from D. Winn of the Federal Reserve, stating the Federal Reserve has no gold, there are simply to many conflicting reports which show the Federal Reserve of New York has (or at the very least has control of) gold bullion.

And I've asked for a full audit of this gold for over 30% of my life. Now, I know this would have to be an independent audit & inventory by an outside firm and would have to be a suprise audit so as to assure supplies were not moved from LME or COMEX to cover the shortage that surely exists!
rh