Does audit show Federal Reserve Bank sitting on $21 billion in gold?

nibanny

nibanny Posts: 2,761 ✭

August 5, 2012 10:32AM in Precious Metals

No results until the end of the year.

From FOX news

The member formerly known as Ciccio / Posts: 1453 / Joined: Apr 2009

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nibanny Posts: 2,761 ✭

August 5, 2012 10:34AM

And this is the complete article from the LA Times

The member formerly known as Ciccio / Posts: 1453 / Joined: Apr 2009
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derryb Posts: 36,790 ✭✭✭✭✭

August 5, 2012 1:22PM

FED being audited by Treasury. That's like depending on the CTFC to protect the account holders at MF Globabl.

"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey

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TwoSides2aCoin Posts: 44,285 ✭✭✭✭✭

August 5, 2012 1:38PM

The audit shows they used drills. Buy Home Depot shares.

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