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
Monday, March 5, 2012
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.
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.
Some basic information you might find helpful someday buying or selling precious metals.
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