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<p>[QUOTE=&quot;fatima, post: 1486344, member: 22143&quot;]The Federal Reserve does not list any real gold on its balance sheet.&nbsp; it lists gold certificates for gold bullion owned by the US Treasury.&nbsp; (presumably this gold is in Ft. Knox)&nbsp; So in the case of the USA, the gold if in fact the Federal Reserve were selling gold, it would not affect their balance sheet for currency.</p><p><br /></p><p>The Federal Reserve is authorized to deal in additional gold holdings as part of its secret monetary operations in support of its monetary policies.[/QUOTE]</p><p><br /></p>

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