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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?


To: Real Man who wrote (1630)10/19/2007 8:49:00 AM
From: Amelia Carhartt  Read Replies (1) | Respond to of 71456
 
It certainly would be enlightening to "really" know what we still have in gold reserves. Seems to me that if there were anywhere near what there was supposed to be the matter wouldn't be shrouded in such secrecy.



To: Real Man who wrote (1630)10/19/2007 9:18:10 AM
From: Tommaso  Read Replies (2) | Respond to 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.