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To: Char who wrote (42662)10/11/1999 9:58:00 AM
From: long-gone  Read Replies (3) | Respond to of 116764
 
re Fort Knox gold.

I believe around 40-60% of the US gold reserves are in(or reported to be) Fort Knox, the remainder is under(also teported to be) the Federal Reserve of NY, it is the remaining "working" stock of gold at the Federal Reserve of NY that concerns me the most. I wish to see a total inventory and audit of the TOTAL gold reserves held by all publicly insured institutions inside the United States.



To: Char who wrote (42662)10/12/1999 11:26:00 PM
From: Bob Dobbs  Read Replies (2) | Respond to of 116764
 
Char and Richard: The US gold at Ft Knox was long ago monetized at $42 an ounce and the Fed has a collateral claim to ALL OF IT. Whether or not this gold has been sold off or leased in whole or in part is still an open issue. Meanwhile whatever is left of the 8,000 tons officially acknowledged on the books is being stored at public expense.

Bob


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