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Ed Huntress Ed Huntress is offline
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Default OT-US Gold reserve to back wallstreet bailout


"azotic" wrote in message
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"Ed Huntress" wrote in message
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"Steve Lusardi" wrote in message
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What gold reserves? They pretty much went away when Nixon left the gold
standard in '73.
Steve


This is a myth, Steve. The US gold reserves run to something around 5,000
tons of bullion, and we hold another 5,000 tons for foreign countries.

Internet cranks can tie you up for hours, tracking down their bull****
about it, but reliable sources confirm the state of the reserves.

--
Ed Huntress


About $128,445,600,000,000,000 at fridays spot gold price.

Best Regards
Tom.


I think you want to knock about six zeros off of that, Tom.

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Ed Huntress