Current Report: November 29, 2013



Department of the Treasury
Financial Management Service
STATUS REPORT OF U.S. TREASURY-OWNED GOLD
November 29, 2013

Summary Fine Troy Ounces Book Value

Gold Bullion 258,641,878.074 $10,920,429,098.79
Gold Coins, Blanks, Miscellaneous 2,857,048.173 120,630,859.37

Total 261,498,926.247 11,041,059,958.16

Mint-Held Gold - Deep Storage

Denver, CO 43,853,707.279 1,851,599,995.81
Fort Knox, KY 147,341,858.382 6,221,097,412.78
West Point, NY 54,067,331.379 2,282,841,677.17
Subtotal - Deep Storage Gold 245,262,897.040 10,355,539,085.76

Mint-Held Treasury Gold - Working Stock
All locations - Coins, blanks, miscellaneous 2,783,218.656 117,513,614.74
Subtotal - Working Stock Gold 2,783,218.656 117,513,614.74

Grand Total - Mint-Held Gold 248,046,115.696 10,473,052,700.50

Federal Reserve Bank-Held Gold

Gold Bullion:
Federal Reserve Banks - NY Vault 13,376,987.715 564,805,850.63
Federal Reserve Banks - display 1,993.319 84,162.40
Subtotal - Gold Bullion 13,378,981.034 564,890,013.03

Gold Coins:
Federal Reserve Banks - NY Vault 73,452.066 3,101,307.82
Federal Reserve Banks - display 377.451 15,936.81
Subtotal - Gold Coins 73,829.517 3,117.244.63

Total - Federal Reserve Bank-Held Gold 13,452,810.551 568,007,257.66

Total - Treasury-Owned Gold 261,498,926.247 $11,041,059,958.16


Deep Storage: Deep-Storage gold is the portion of the U.S. government-owned Gold Bullion Reserve that the U.S. Mint secures in sealed vaults, which are examined annually by the Department of Treasury's Office of the Inspector General. Deep-Storage gold comprises the vast majority of the Reserve and consists primarily of gold bars. This portion was formerly called "Bullion Reserve" or "Custodial Gold Bullion Reserve."
:shock:

There are many rumors circulating that Fort Knox is empty of gold. This rumor has been going it's rounds since WW11, but was always proven to be wrong when audits were periodically performed.

But now people have a right to question whether the Fort Knox gold has been depleted because the U.S. Government has not done an audit since 1974, and policymakers have ignored all requests to do an audit. So what are they hiding?

According to the U.S. Census Bureau's Foreign Trade Division, a total of $982 in gold left JFK International Airport last year. It's destination was South Africa.

So if it proves to be that the United States has no gold to back up it's currency, what will happen to us then? Already foreign governments have little or no faith in the American dollar. Will it be a repeat of what happened in some European countries where it took a wheelbarrow load of money to buy a loaf of bread?

After I posted I checked on search and found where he was sentenced to death in August, 2013. That was almost 4 years AFTER he killed those people at Fort Hood. So why were they in such a hurry to silence Tim McVey? Was his incarceration more expensive than the Majors? Or was there some other reason that they wanted to silence him so quickly?

BTW, did anyone see his verdict on TV? I can't remember seeing it, and I know I would have remembered because I was extremely interested a why they were prolonging his trial and verdict so long.