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<p>[QUOTE=&quot;fatima, post: 1016653, member: 22143&quot;]Dear Heart I never said they were convertible nor implied it.&nbsp; You apparently don&#039;t understand the reason as to why the Federal Reserve holds the Ft. Knox gold as collateral for it&#039;s operations and the discussion goes well beyond this topic so I won&#039;t start.&nbsp; You asked who cares and why does it matter. You now have your answer whether you choose to believe it or not.&nbsp; </p><p><br /></p><p>If nobody cares and it doesn&#039;t matter, then the USA is spending a hell of a lot of money to protect something that doesn&#039;t matter, and the Federal Reserve conducts daily operations based on the gold on it&#039;s balance sheet.&nbsp; The Treasury, the Army, the Federal Reserve, etc are not going to be doing this for &quot;something that doesn&#039;t matter and which nobody cares about&quot;.&nbsp;&nbsp; This isn&#039;t circular logic, it&#039;s plain illogical.[/QUOTE]</p><p><br /></p>

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