matta on Nostr: there has never been an approved full audit of the contents of America’s gold ...
there has never been an approved full audit of the contents of America’s gold stockpile, & the exact contents cannot be verified
however the U.S. Treasury's official report is that the U.S. holds 42.26 million ounces of gold certificates
recorded at a book value of $1.78 billion based on the 1973 price of $42.22 per ounce
at today’s market price of $2,790 per ounce, the implied value is $117.91 billion $USD
these paper gold certificates remain an internal accounting mechanism rather than a tradable asset
by keeping gold on the balance sheet at an outdated price of $42.22 per ounce, the U.S. effectively downplays golds importance as a monetary asset, ensuring that the dollar, not gold, remains the foundation of the financial system 🧐💭 WTF

however the U.S. Treasury's official report is that the U.S. holds 42.26 million ounces of gold certificates
recorded at a book value of $1.78 billion based on the 1973 price of $42.22 per ounce
at today’s market price of $2,790 per ounce, the implied value is $117.91 billion $USD
these paper gold certificates remain an internal accounting mechanism rather than a tradable asset
by keeping gold on the balance sheet at an outdated price of $42.22 per ounce, the U.S. effectively downplays golds importance as a monetary asset, ensuring that the dollar, not gold, remains the foundation of the financial system 🧐💭 WTF