Fort Knox Gold Depository

The United States Bullion Depository at Fort Knox currently holds 147.3 million ounces of gold bullion, which is a little over half of the total gold presently held by the federal government. This amount represents about 59% of the Treasury's total gold supply.

So at $3000/oz

143,000,000oz*$3000=$429,000,000,000

Which means the US has about

$429billion/0.59

Or $727 Billion in gold

How to go from Spence about $18.6 billion per day.

Which basically means we have enough gold in Fort Knox + other treasury deposits to run the government for 40 days.

#gold #fortknox #kentucky #bitcoin

Reply to this note

Please Login to reply.

Discussion

No replies yet.