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<p>[QUOTE=&quot;V. Kurt Bellman, post: 2342049, member: 71723&quot;]Not at all. It is cold hard fact. The Federal Reserve Board is a federal agency, just like any other, such as the Supreme Court or the National Park Service. And none of them has so much as a single gram of gold on their balance sheets. From the MOMENT of the 1933 call-in, every piece that was turned in has been in the hands of the United States Treasury Department, and NEVER the Federal Reserve system.</p><p><br /></p><p>Why are there some holdings in Lower Manhattan? Because that is where gold was transferred from national cage to national cage prior to 1971, and there&#039;s no reason to move it anywhere else, unless you&#039;re Germany.</p><p><br /></p><p>Here&#039;s what else is cold hard fact. A lot of what is written in <i>Daily Reckoning</i> and in <i>The Creature from Jekyll Island</i> is just baldfaced lies, designed to fool the unaware.[/QUOTE]</p><p><br /></p>

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