InvestorsHub Logo
Followers 16
Posts 13944
Boards Moderated 0
Alias Born 01/18/2010

Re: jt6455 post# 1269

Thursday, 06/09/2016 7:44:10 AM

Thursday, June 09, 2016 7:44:10 AM

Post# of 19406
Yes, I think you're right. The U.S. holds gold for other countries too. A couple of years ago Germany notified the US they wanted some of their gold back that was being held by the US. The treasury dept. came back to them and said it will take us a couple of YEARS to come up with your gold. I don't know if they've gotten it back yet! I don't recall the quantity, but it wasn't a lot and should have been easily returned.

What's that tell you? Tells me they either are short on gold or have inventory accounting issues. Maybe both.

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent FFMGF News