fort knox bullion bars show up in dubai, page-24

BH - just wanted to say a little something on this one

'Also, being the reserve currency, the US does not hold any forex reserves (in the way other countries do). Hence, its gold is the US's only "reserve" asset.'

Your right the US holds only 70b I read today. But the point is it doesn't need to. It produces the worlds reserve currency, so it needs nowt reserves. It just prints or electronically manufactures what it needs when it needs it. I dont know how much gold has been sold, probably not much, but I would wager a fair amount has been leased. The point being I don't think they'll be able to get it back when (if) things blow up. That I think is the problem.