Anonymous ID: e4c372 May 13, 2024, 6:34 a.m. No.20860614   🗄️.is 🔗kun   >>0619 >>0685 >>0731 >>0787

PlaneFaggin’: Gulf/Europe/Med activity

 

Gulf

Oman Air Force ORF1 747 departed Muscat WN to Kuwait CitySultan Haitham Bin Tariq

 

Sultan of Oman to Kick off Official Visit to Kuwait

https://english.aawsat.com/gulf/5014271-sultan-oman-kick-official-visit-kuwait

 

Algeria AF 7TVPR G4 arriving at Manama, Bahrain from Algers depart

 

Bahrain's Arab Summit… New Horizon Of Cooperation, To Address Gaza Situation

https://menafn.com/1108202129/Bahrains-Arab-Summit-New-Horizon-Of-Cooperation-To-Address-Gaza-Situation

 

Med/Black Sea Area

 

58-0106 KC-135 tanker over eastern Romania on the refueling track at 22k ft

 

French AF A330 tanker done w/tanking over Black Sea and heading back to Souda Bay, Crete

 

Europe

 

Italian AF PERSE71 G550 AEW&C (Airborne Early Warning & Control) on the track over eastern Lithuania-usually this bird is where the Air Force tanker is over Romania

 

Dutch AF NAF14 G650 departed Stockholm back to Amsterdam

 

German AF GAF879 A320Olaf Scholzto Stockholm from Berlin

 

German Chancellor arrives in Sweden for Nordic Security Summit

https://www.lbcgroup.tv/news/world-news/771876/german-chancellor-arrives-in-sweden-for-nordic-security-summit/en

 

Norway AF NOW335P C130 Super Hercules heading to Rzeszow from Evenes AB, Norway and Romania AF ROF183 C130 Super Herc from Oslo continues ES

 

Hungarian AF HUAF569 Falcon 7x WN from Kecskemet AB and headed to Brussels

 

RAF THNDR01 P8 Poseidon doing roundies at mouth if Baltic in the North Sea from RAF Lossiemouth

Anonymous ID: e4c372 May 13, 2024, 7:20 a.m. No.20860765   🗄️.is 🔗kun   >>0787

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