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Ft. Knox Full Of Impure Gold Unfit For International Transactions
In practice, this means that most of America’s massive gold stockpile is illiquid and wouldn’t be readily accepted on the international market should the need arise: “It’s a decrepit relic just like our monetary policy is. With respect to America’s gold stockpile, we hold ourselves to a lower standard than the rest of the world,” Money Metals CEO Stefan Gleason said. The French central bank recently sold 129 tonnes of similar non-standard gold that was stored in New York and replaced it with higher-quality bars that will remain in France. Notwithstanding the lack of any credible physical audits for ... (full story)
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- Apr 28, 2026 10:31pm Posted byFundamental Analysis169
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