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What's with the fed valuing US government gold at the statutory rate of $42.22 per Troy ounce, why not market value?

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On a related note, If I pay someone 100 Morgan silver dollars from 1921, do they owe the feds income tax on $100 since Morgan dollars are still legal tender in the U.S.?

econoalchemist 1y ago

Sounds like unlicensed money transmission 🤣

BE 1y ago

Indeed! I should have thought of that 😂

rare 1y ago

I dunno... But wouldn't mind picking up some ounces at sub $50.