Here's the question the whole financial world is asking and demanding an answer:
Are the 261,499,000 million ounces of Gold claimed by the US Treasury really there?
If they are as our Government promises us, why is this same $11,041B shown as
Reserves by the private Federal Reserve banking cartel? What's this double book-
keeping all about? Is the people's gold all gone? (see 2nd table below)
This is graphic evidence why we all must urge congress to support:
H.R. 1207: Federal Reserve Transparency Act of 2009 (GovTrack.us)
 
http://www.treas.gov/press/releases/2009411332724171.htm

 

March 27, 2009

A. Official reserve assets (in US millions unless otherwise specified) 1

Euro

Yen

Total

(1) Foreign currency reserves (in convertible foreign currencies)

 

 

75,267

(a) Securities

9,278

13,203

22,481

of which: issuer headquartered in reporting country but located abroad

 

 

0

(b) total currency and deposits with:

 

 

 

(i) other national central banks, BIS and IMF

10,623

6,456

17,079

ii) banks headquartered in the reporting country

 

 

0

of which: located abroad

 

 

0

(iii) banks headquartered outside the reporting country

 

 

0

of which: located in the reporting country

 

 

0

(2) IMF reserve position 2

7,763

(3) SDRs 2

9,085

(4) gold (including gold deposits and, if appropriate, gold swapped) 3

11,041  < valued at $42.222 per ounce

--volume in millions of fine troy ounces

261.499

(5) other reserve assets (specify)

7,818

--financial derivatives

 

--loans to nonbank nonresidents

 

--other (foreign currency assets invested through reverse repurchase agreements)

7,818

B. Other foreign currency assets (specify)

 

--securities not included in official reserve assets

 

--deposits not included in official reserve assets

 

--loans not included in official reserve assets

 

--financial derivatives not included in official reserve assets

 

--gold not included in official reserve assets

 

--other

 

 

 

 
http://www.federalreserve.gov/releases/h41/Current/h41.htm
 

Reserve Bank credit, related items, and
reserve balances of depository institutions at
Federal Reserve Banks

Averages of daily figures

Wednesday
Mar 25, 2009

Week ended
Mar 25, 2009

Change from week ended

Mar 18, 2009

Mar 26, 2008

                                                      

 

 

 

 

Reserve Bank credit                                   

   2,050,972 

  +    9,563 

  +1,181,630 

   2,055,282 

  Securities held outright                            

     760,492 

  +   13,845 

  +  131,515 

     761,295 

    U.S. Treasury securities (1)                      

     474,731 

  +       43 

  -  154,246 

     474,746 

      Bills (2)                                       

      18,423 

           0 

  -  105,952 

      18,423 

      Notes and bonds, nominal (2)                    

     412,914 

           0 

  -   48,543 

     412,914 

      Notes and bonds, inflation-indexed (2)          

      39,378 

           0 

  +      941 

      39,378 

      Inflation compensation (3)                      

       4,017 

  +       43 

  -      691 

       4,032 

    Federal agency debt securities (2)                

      48,796 

  +    3,328 

  +   48,796 

      50,393 

    Mortgage-backed securities (4)                    

     236,964 

  +   10,474 

  +  236,964 

     236,156 

  Repurchase agreements (5)                           

           0 

           0 

  -   84,821 

           0 

  Term auction credit                                 

     468,589 

           0 

  +  388,589 

     468,589 

  Other loans                                         

     134,340 

  -    3,839 

  +  100,859 

     136,227 

    Primary credit                                    

      62,782 

  -    2,901 

  +   62,232 

      61,305 

    Secondary credit                                  

           0 

  -       11 

  -        2 

           1 

    Seasonal credit                                   

           3 

           0 

  -        3 

           4 

    Primary dealer and other broker-dealer credit (6) 

      20,089 

  +      414 

  -   12,834 

      20,175 

    Asset-Backed Commercial Paper Money Market        

 

 

 

 

      Mutual Fund Liquidity Facility                  

       7,179 

  -    2,050 

  +    7,179 

       6,845 

    Credit extended to American International         

 

 

 

 

      Group, Inc. (7)                                 

      43,614 

  +       35 

  +   43,614 

      43,188 

    Term Asset-Backed Securities Loan Facility        

         673 

  +      673 

  +      673 

       4,711 

    Other credit extensions                           

           0 

           0 

           0 

           0 

  Net portfolio holdings of Commercial Paper          

 

 

 

 

    Funding Facility LLC (8)                          

     240,802 

  -      228 

  +  240,802 

...

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