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<p>[QUOTE=&quot;fatima, post: 1560632, member: 22143&quot;]The Federal Reserve does not claim any of this gold.&nbsp; &nbsp; </p><p><br /></p><p>The gold on the Federal Reserve&#039;s balance sheet is in the form of Gold Certificates issued by the US Government.&nbsp; It is backed by the gold in Ft. Knox and other US depository locations as controlled by the US Treasury.&nbsp;&nbsp; The gold in the NY Fed&#039;s basement has nothing to do with this and it&#039;s not on the Fed&#039;s balance sheet.</p><p><br /></p><p>It was handled in this manner should the day ever come where Congress decides to dismantle the Federal Reserve.[/QUOTE]</p><p><br /></p>

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