why will it take the fed 7 years ?, page-64

BBrad,

Be good if some of you guys did some homework before coming to conclusions that are quite incorrect.

The NY Fed doesn't charge to store the gold, I don't know why the Germans don't leave it there, it's a great deal, it's free.

"The Federal Reserve Bank does not own the gold but serves as guardian of the precious metal, which it stores at no charge to the owners, but charging a $1.75 fee (in 2008) per bar to move the gold. Moving the bars requires special footwear for the staff, to protect their feet in case they drop one of the gold bars weighing 28 pounds (13 kg). The vault is open to tourists."

I hope you read the part about the vault being open to tourists, if you don't believe it's there go and see for yourself. lol