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<p>[QUOTE=&quot;Speedbump, post: 2419007, member: 75637&quot;]The Fed creates money through credit. Their system has no place for gold and relies entirely on people agreeing to pay back debt. The Fed doesn&#039;t see gold as important because its not a part of their system. </p><p><br /></p><p>Also, the Department of the Treasury is the guardian of the US gold depositories at Fort Knox and elsewhere, not the Fed.[/QUOTE]</p><p><br /></p>

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