SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?


To: Enigma who wrote (29457)3/6/1999 11:53:00 AM
From: ForYourEyesOnly  Read Replies (1) | Respond to of 116764
 
Double D:

Pls forgive, I am just starting to learn about this subject.....but the gist of the post is that:

1. The gold holdings are the property of the Federal Reserve Bank, NOT the US Gov't.
2. The FRB is the property of a group of banks, NOT the US Gov't.
3. Therefore the US Gov't does not actually have that large stash of gold....

THC