tyb
you know you could just shut the fuck up and not worry about it.
CLUB22 E-4B Nightwatch out of Offutt AFB and back
worrying about it why now?
They do what they want..I don't care and neither should you.
assumption is fatal in here.
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 percent–is 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
they did the valuation this way because they figured if they ever got caught not having what they claimed they could say "well we only had it valued at $42.22/oz so it's not a big deal that we lied to you all these years."