It's true. The Fed, the Treasury, and most central banks, when it comes to Fort Knox gold, only hold IOUs issued by bullion banks that have already sold the borrowed metal. Over the years ...
The news today is that the incoming Trump administration is hearing talk about selling the gold at Fort Knox. Our advice is to get on the phone right now and call Edwin Vieira, Jr., author of the ...
The gold in deep storage is held as an asset of the United States at a book value of $42.22 per troy ounce. The book value has been a constant $42 2/9, or $42.2222, per fine troy ounce since 1973, ...