Alba gu bràth
"The gold is held as an asset of the United States at book value of $42.22 per ounce."
Fort Knox Facts
Amount of present gold holdings: 147.3 million ounces. About half of the Treasury’s stored gold (as well as valuables of other federal agencies) is kept at Fort Knox.
Highest historic gold holdings: 649.6 million ounces (December 31, 1941).
The only gold removed has been very small quantities used to test the purity of gold during regularly scheduled audits. Except for these samples, no gold has been transferred to or from the Depository for many years.
The gold is held as an asset of the United States at book value of $42.22 per ounce.
https://www.usmint.gov/learn/tours-and-locations/fort-knox?
>Scotland forever
>"The gold is held as an asset of the United States at book value of $42.22 per ounce."
Are US physical gold assets actually currently valued at 40 bucks an ounce?
Why yes, Anon, check the US Treasury website at:https://www.usmint.gov/learn/tours-and-locations/fort-knox?
All the gold - the physical gold - held by the United States of America is valued at $42.22 per ounce on the balance sheet.
Anyone care to estimate the current value of the USA's physical gold holdings using current gold prices?
That's what the Lutnick interview is discussing.
>That's what the *Lutnick interview is discussing.
*Bessent. Tard Jail, again. I'll feed the cat.
From the interview:
' … so you know the value of where gold is right now versus where it's marked on the balance sheet now - just north of forty dollars an ounce - it's close to three thousand [an ounce].
Is it under consideration for this administration to revalue gold?'