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<p>[QUOTE=&quot;fatima, post: 1015945, member: 22143&quot;]Because the Federal Reserve, lists 8,962 tons of gold on it&#039;s balance sheet as collateral for the federal reserve notes that it issues.&nbsp; This gold is actually in the form of US gold certificates which is backed by the physical gold in Ft. Knox.&nbsp;&nbsp; If that gold was found not to be there, the resulting confidence in the dollar as a reserve currency would be shaken to it&#039;s roots.[/QUOTE]</p><p><br /></p>

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