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RE: Gold & Silver Quantity Vaulted In London Declared For First Time: More Transparency Gives Us A Behind The Scenes View Of Custodian Banks & The BoE
The gold that the US federal government owns is really more of just a government owned assets. Sense of gold doesn't back currency doesn't really matter if it's there or not. It's almost like the value of the US dollar is backed by aircraft carriers, tanks, and unmanned flying drones.