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Sunday, March 16, 2014

New York Federal Reserve Lying About Gold Storage

http://www.ingoldwetrust.ch/new-york-federal-reserve-lying-about-gold-storage

There is about 6700 metric tonnes of gold stored 80 feet below street level on the bedrock of Manhattan, in the vaults of the New York Federal Reserve. None of this gold is owned by the New York Federal reserve, they are merely the custodians for the US treasury (that holds approximately 400 metic tonnes in NY), 60 sovereign countries and the IMF; completely free of charge! From the NY Fed website:

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