From skols fed link,he/she posted
The market value of a gold bar depends on its weight, purity level, and the prevailing market price for gold. Rather than market pricing which fluctuates daily, the New York Fed uses the United States official book value of $42.2222 per troy ounce for gold holdings. $42 dollars an ounce????????????? You are kidding me?
So what is the true value of US gold holdings compared to what they state?
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