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The Fed Has 6,200 Tons of Gold in a Manhattan Basement -- Or Does it?

$232 Billion I think if my math is correct. Pimple on a gnat's ass compared to our obligations, a little over half of what we'll 'pay' on the interest on the national debt (this year).
 
It was all lost when the vault flooded on 9/11. The gold all dissolved in the flood water and drained away.

Yup, thats what happened to it.
 
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