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The U.S. Government is sitting on 445 billion in unrealized gains

OohPooPahDoo

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The U.S. Government is sitting on 445 billion in unrealized gains.

The Federal Reserve current holds just over 8,000 metric tonnes of gold on its balance sheet. However, for accounting purposes, it only values the gold at $42.22 per troy oz! The actual market value of gold is at $1748 right now!

The balance sheet value of the gold is 11 billion. But its market value is 456 billion. So the fed has 445 in unrealized gains. All the Fed has to do is re-value its gold to market value and/or sell it off. The profits then get remitted to the treasury along with the rest of the fed profits. BOOM! Nearly half a trillion dollars, instantly!
 

Charles_Main

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The U.S. Government is sitting on 445 billion in unrealized gains.

The Federal Reserve current holds just over 8,000 metric tonnes of gold on its balance sheet. However, for accounting purposes, it only values the gold at $42.22 per troy oz! The actual market value of gold is at $1748 right now!

The balance sheet value of the gold is 11 billion. But its market value is 456 billion. So the fed has 445 in unrealized gains. All the Fed has to do is re-value its gold to market value and/or sell it off. The profits then get remitted to the treasury along with the rest of the fed profits. BOOM! Nearly half a trillion dollars, instantly!
Clearly you don't know shit. They only Value it at 42, Because it is so much Gold, if they ever went to unload it, it would massively Drive the Price of Gold Down.

You people simply do not understand economics.
 
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OohPooPahDoo

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The U.S. Government is sitting on 445 billion in unrealized gains.

The Federal Reserve current holds just over 8,000 metric tonnes of gold on its balance sheet. However, for accounting purposes, it only values the gold at $42.22 per troy oz! The actual market value of gold is at $1748 right now!

The balance sheet value of the gold is 11 billion. But its market value is 456 billion. So the fed has 445 in unrealized gains. All the Fed has to do is re-value its gold to market value and/or sell it off. The profits then get remitted to the treasury along with the rest of the fed profits. BOOM! Nearly half a trillion dollars, instantly!
Clearly you don't know shit. They only Value it at 42, Because it is so much Gold, if they ever went to unload it, it would massively Drive the Price of Gold Down.

You people simply do not understand economics.


To $42.22 for selling off less than 5% of the total world supply? I fucking doubt it.
 
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TakeAStepBack

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The U.S. Government is sitting on 445 billion in unrealized gains.

The Federal Reserve current holds just over 8,000 metric tonnes of gold on its balance sheet. However, for accounting purposes, it only values the gold at $42.22 per troy oz! The actual market value of gold is at $1748 right now!

The balance sheet value of the gold is 11 billion. But its market value is 456 billion. So the fed has 445 in unrealized gains. All the Fed has to do is re-value its gold to market value and/or sell it off. The profits then get remitted to the treasury along with the rest of the fed profits. BOOM! Nearly half a trillion dollars, instantly!
Clearly you don't know shit. They only Value it at 42, Because it is so much Gold, if they ever went to unload it, it would massively Drive the Price of Gold Down.

You people simply do not understand economics.


To $42.22? I fucking doubt it.
Well, you're economically inept too, so there is that.
 

whitehall

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The U.S. Government is sitting on 445 billion in unrealized gains.

The Federal Reserve current holds just over 8,000 metric tonnes of gold on its balance sheet. However, for accounting purposes, it only values the gold at $42.22 per troy oz! The actual market value of gold is at $1748 right now!

The balance sheet value of the gold is 11 billion. But its market value is 456 billion. So the fed has 445 in unrealized gains. All the Fed has to do is re-value its gold to market value and/or sell it off. The profits then get remitted to the treasury along with the rest of the fed profits. BOOM! Nearly half a trillion dollars, instantly!
Yeah, the left wing's answer to everything. Sell off America's treasure (to China?) to make the current administration look good.
 
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OohPooPahDoo

OohPooPahDoo

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Clearly you don't know shit. They only Value it at 42, Because it is so much Gold, if they ever went to unload it, it would massively Drive the Price of Gold Down.

You people simply do not understand economics.


To $42.22? I fucking doubt it.
Well, you're economically inept too, so there is that.
What does that even half to do with how the price would react to the sell off? Do you honestly believe I'm so powerful that my ineptness can have global reprecussions?
 

TakeAStepBack

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445 billion on a one time shot that will not sell off at current market value per troy ounce is not worth even discussing. the federal reserves balance sheet also shows it holds a few trillion in monetize debt treasury issuance.

It's like selling the stove and refrigerator in order to pay the interest on the credit cards once.
It's a fucking retarded idea.
 
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OohPooPahDoo

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The U.S. Government is sitting on 445 billion in unrealized gains.

The Federal Reserve current holds just over 8,000 metric tonnes of gold on its balance sheet. However, for accounting purposes, it only values the gold at $42.22 per troy oz! The actual market value of gold is at $1748 right now!

The balance sheet value of the gold is 11 billion. But its market value is 456 billion. So the fed has 445 in unrealized gains. All the Fed has to do is re-value its gold to market value and/or sell it off. The profits then get remitted to the treasury along with the rest of the fed profits. BOOM! Nearly half a trillion dollars, instantly!
Yeah, the left wing's answer to everything. Sell off America's treasure (to China?) to make the current administration look good.

Do you think a private business or a private individual would sit on a massive pile of gold when they are racking up huge debts?
 
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OohPooPahDoo

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445 billion on a one time shot that will not sell off at current market value per troy ounce is not worth even discussing. the federal reserves balance sheet also shows it holds a few trillion in monetize debt treasury issuance.

It's like selling the stove and refrigerator in order to pay the interest on the credit cards once.
It's a fucking retarded idea.
Doesn't have to be all sold at once. Doesn't even have to be sold at all. Congress just has to allow the Fed to mark up its value. Then the Fed has a surplus on its balance sheet which they must balance by making cash payments to the U.S. Treasury.
 

TakeAStepBack

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i think we should sell all the democtrats to the foreign slave wagers for 1 million per head. That should bring in about 150 billion in revenue one time. Or we could have it as a running program.
 

martybegan

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The U.S. Government is sitting on 445 billion in unrealized gains.

The Federal Reserve current holds just over 8,000 metric tonnes of gold on its balance sheet. However, for accounting purposes, it only values the gold at $42.22 per troy oz! The actual market value of gold is at $1748 right now!

The balance sheet value of the gold is 11 billion. But its market value is 456 billion. So the fed has 445 in unrealized gains. All the Fed has to do is re-value its gold to market value and/or sell it off. The profits then get remitted to the treasury along with the rest of the fed profits. BOOM! Nearly half a trillion dollars, instantly!
Which would be a one-shot injection of cash, and would fund the government for... 1.4 months. Or we could pay off the total debt, about 3.2% of it.
 

martybegan

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445 billion on a one time shot that will not sell off at current market value per troy ounce is not worth even discussing. the federal reserves balance sheet also shows it holds a few trillion in monetize debt treasury issuance.

It's like selling the stove and refrigerator in order to pay the interest on the credit cards once.
It's a fucking retarded idea.
Doesn't have to be all sold at once. Doesn't even have to be sold at all. Congress just has to allow the Fed to mark up its value. Then the Fed has a surplus on its balance sheet which they must balance by making cash payments to the U.S. Treasury.
I swear its like watching children play "banker"
 

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Againsheila

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The U.S. Government is sitting on 445 billion in unrealized gains.

The Federal Reserve current holds just over 8,000 metric tonnes of gold on its balance sheet. However, for accounting purposes, it only values the gold at $42.22 per troy oz! The actual market value of gold is at $1748 right now!

The balance sheet value of the gold is 11 billion. But its market value is 456 billion. So the fed has 445 in unrealized gains. All the Fed has to do is re-value its gold to market value and/or sell it off. The profits then get remitted to the treasury along with the rest of the fed profits. BOOM! Nearly half a trillion dollars, instantly!
Our money is not backed by gold anymore and hasn't been for a long time. Plus a lot of the gold we have belongs to other countries. We practically stole it from them after WWII when we promised to link our dollar to gold and have that as standard trading currency across the board. When we stopped backing our dollar with Gold, France wanted to come in and take their gold back, Nixon nixed that idea. The truth is, we've stolen Europe's gold and won't give it back, do you really think the fed wants to link our worthless dollars to their stolen gains?

Sooner or later, people are going to realize the dollar is worthless and heaven help us then. Our country when it took the dollar off the gold standard, decided to link it to oil. That's why the war against Iraq, they started selling their oil in Euros.

[ame=http://www.youtube.com/watch?v=VWvMGKoT_TY]World War III: The Unthinkable Cost of Preserving the Petrodollar, Spetember 14, 2012 - YouTube[/ame]
 

g5000

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The U.S. Government is sitting on 445 billion in unrealized gains.

The Federal Reserve current holds just over 8,000 metric tonnes of gold on its balance sheet. However, for accounting purposes, it only values the gold at $42.22 per troy oz! The actual market value of gold is at $1748 right now!

The balance sheet value of the gold is 11 billion. But its market value is 456 billion. So the fed has 445 in unrealized gains. All the Fed has to do is re-value its gold to market value and/or sell it off. The profits then get remitted to the treasury along with the rest of the fed profits. BOOM! Nearly half a trillion dollars, instantly!
Clearly you don't know shit. They only Value it at 42, Because it is so much Gold, if they ever went to unload it, it would massively Drive the Price of Gold Down.

You people simply do not understand economics.


To $42.22 for selling off less than 5% of the total world supply? I fucking doubt it.
There can be six billion TVs in the world, but if only 1 million of them were for sale, their price would be very, very high.

If you then "flood" the market with another 300 million TVs (5 percent of the total world supply), the price would drop radically.

.
 
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TakeAStepBack

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Clearly you don't know shit. They only Value it at 42, Because it is so much Gold, if they ever went to unload it, it would massively Drive the Price of Gold Down.

You people simply do not understand economics.


To $42.22 for selling off less than 5% of the total world supply? I fucking doubt it.
There can be six billion TVs in the world, but if only 100 of them were for sale, their price would be very, very high.

If you then "flood" the market with another 100 TVs, the price would drop radically.

.
having had gold in my portfolio for years now, this is true and especially true for the "price" of gold when govt.s buy up and sell gold. When China was buying up all kinds of gold, the price went rocketing. When a large amount floods the market, the price drops.

It's real rocket science!
 

Charles_Main

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445 billion on a one time shot that will not sell off at current market value per troy ounce is not worth even discussing. the federal reserves balance sheet also shows it holds a few trillion in monetize debt treasury issuance.

It's like selling the stove and refrigerator in order to pay the interest on the credit cards once.
It's a fucking retarded idea.
Yep, so we would tank the Price of Gold, and expend all our Gold in order to pay 1 years worth of Interest on the Debt.

This is truly how Liberals think.
 

GuyPinestra

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The U.S. Government is sitting on 445 billion in unrealized gains.

The Federal Reserve current holds just over 8,000 metric tonnes of gold on its balance sheet. However, for accounting purposes, it only values the gold at $42.22 per troy oz! The actual market value of gold is at $1748 right now!

The balance sheet value of the gold is 11 billion. But its market value is 456 billion. So the fed has 445 in unrealized gains. All the Fed has to do is re-value its gold to market value and/or sell it off. The profits then get remitted to the treasury along with the rest of the fed profits. BOOM! Nearly half a trillion dollars, instantly!
Yeah, the left wing's answer to everything. Sell off America's treasure (to China?) to make the current administration look good.

Do you think a private business or a private individual would sit on a massive pile of gold when they are racking up huge debts?
The Federal Reserve IS a private business, and the gold that they hold does NOT belong to the US taxpayer or the US Treasury.
 

LordBrownTrout

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The U.S. Government is sitting on 445 billion in unrealized gains.

The Federal Reserve current holds just over 8,000 metric tonnes of gold on its balance sheet. However, for accounting purposes, it only values the gold at $42.22 per troy oz! The actual market value of gold is at $1748 right now!

The balance sheet value of the gold is 11 billion. But its market value is 456 billion. So the fed has 445 in unrealized gains. All the Fed has to do is re-value its gold to market value and/or sell it off. The profits then get remitted to the treasury along with the rest of the fed profits. BOOM! Nearly half a trillion dollars, instantly!
We lose our hedge and we still owe 15 trillion dollars, if your talking debt.
 

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