The official US gold reserve is 260M ounces and is an asset on the balance sheet of the Fed. The monetary injection into the economy that would occur as the government spent its newly acquired 750 ...
The official US gold reserve is 260M ounces and is an asset on the balance sheet of the Fed. Currently, the asset is valued at $11B, which equates to only US$42.22/ounce, whereas the actual market ...
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