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Ft. Knox Full Of Impure Gold Unfit For International Transactions
Summary by Zero Hedge
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1 Articles
Ft. Knox Full Of Impure Gold Unfit For International Transactions
Ft. Knox Full Of Impure Gold Unfit For International Transactions Authored by Jp Cortez via The Mises Institute, The bulk of the US gold reserves held in Fort Knox are made up of impure “non-standard” bars that don’t qualify for use in international settlements. 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 re…
·United States
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Total News Sources1
Leaning Left0Leaning Right1Center0Last UpdatedBias Distribution100% Right
Bias Distribution
- 100% of the sources lean Right
100% Right
R 100%
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