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The Fed's Gold Is Being Audited... By The US Treasury
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08-03-2012, 04:04 AM
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MasdMnPa
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The Fed's Gold Is Being Audited... By The US Treasury
http://www.zerohedge.com/news/feds-g...ed-us-treasury
It is a long article.....
.....snip No - what the "conspiracy theorists" allege is that claims existing in paper format on the physical gold held under Liberty 33 are orders of magnitude greater than the actual physical gold these claims supposedly have recourse to. Indeed, this too was a conspiracy theory until the failure of MF Global proved it to be a conspiracy "fact" and the entire asset-liability rehypothecation daisy-chain threatened to begin unwinding in November of 2011, at which point forced delivery of hard assets would expose the entire facade of the modern financial system to be a hollow sham.
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