tyb
artificial and severely homosexual
>>16157645, >>16157707 lb
RCH4147 USAF C-17 Globemaster departed Los Angeles Int'l after a load-in of about 2 hours will go back to JBA
No ANON on take off
>pf learn't lesson yesterday trying to make it two in a row on predictions.
not really FRB-but know what you mean-Treasury
The "Gold will destroy FED" drop #2619 does not necessarily mean the price is what is going to do it…it's the games they've played with it by leasing and looting it while still saying we have it.
That is why they sent Munchkins and Cocaine Mitch to Ft. Knox in 2017…on what date?…August '23rd and then produced the picture(s)…
In black and white
That was gone long ago-what was left of it in the 90's looted and leased out
But we had some fun in 2019 with the speculation that much of it was returned by "finding: the Yamashita Gold and putting it back. Most of the gold we "had" belonged to Russia anyway. That another story
Does the Federal Reserve own or hold gold?
The Federal Reserve does not own gold.
The Gold Reserve Act of 1934 required the Federal Reserve System to transfer ownership of all of its gold to the Department of the Treasury. In exchange, the Secretary of the Treasury issued gold certificates to the Federal Reserve for the amount of gold transferred at the then-applicable statutory price for gold held by the Treasury.
Gold certificates are denominated in U.S. dollars. Their value is based on the statutory price for gold at the time the certificates are issued. Gold certificates do not give the Federal Reserve any right to redeem the certificates for gold.
The statutory price of gold is set by law. It does not fluctuate with the market price of gold and has been constant at $42 2/9, or $42.2222, per fine troy ounce since 1973. The book value of the gold held by the Treasury is determined using the statutory price.
Although the Federal Reserve does not own any gold, the Federal Reserve Bank of New York acts as the custodian of gold owned by account holders such as the U.S. government, foreign governments, other central banks, and official international organizations. No individuals or private sector entities are permitted to store gold in the vault of the Federal Reserve Bank of New York or at any Federal Reserve Bank.
A small portion of the gold held by the U.S. Treasury (roughly $600 million in book value)about five percentis held in custody for the Treasury by the Federal Reserve Banks, as fiscal agents of the United States. The vast majority of this gold is located in the vault at the Federal Reserve Bank of New York, and a very small portion is on display in several Federal Reserve Banks. The remaining 95 percent of U.S. Treasury gold ($10.4 billion in book value) is held in custody for the Treasury by the U.S. Mint.
https://www.federalreserve.gov/faqs/does-the-federal-reserve-own-or-hold-gold.htm