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Monday, March 5, 2012

Gold to Base Money Supply

2012 Report

Stocks, year end, Treasury (Note 3)  8,140 tons

1One metric ton (1,000 kilograms) = 32,150.7 troy ounces.

261,701,000 TOZ * $1700

$44,851,700,000...44.8 Billion....Value of Gold in Reserves

2.5 Trillion Base Money Supply

Currency Outstanding is 5.68 times stated gold reserves. Oh My. Not Good.

Now the dirty little secret...no one has seen the actual gold in reserve at Knox for now 10 years. Why is that you think....????


Note 3: Includes gold in Exchange Stabilization Fund. Stocks were valued at the official price of $42.22 per troy ounce.

http://en.wikipedia.org/wiki/Exchange_Stabilization_Fund

Federal Reserve: Exchange Stabilization Fund
http://www.newyorkfed.org/aboutthefed/fedpoint/fed14.html

Video: Feudalism Still Live On

http://goldsilver.com/video/feudalism-still-lives-on-in-western-financial-institutions/

Listen closely when someone get's on a rant and talks in straight simple language. 100% of the time there's truth behind the words...even if you don't care for the message...or the messenger.  

The core is "greed"...not fancy and not a desired character trait from God's life manual...the Bible.

Tomstreasures.com provides some gold and silver conversion ratios

tomstreasures.com provides some gold and silver ratios

Some basic information you might find helpful someday buying or selling precious metals.