From: "Roland Watson" 
Newsgroups: uk.finance
Subject: Re: How Much Gold does the US have?
Date: Thu, 12 Feb 2004 13:17:29 -0000

The USA is said to have 8,143 tonnes of gold or about 262 million ounces. At
a current price of $410 per ounce that works out at $107,402,000,000 or
about $107 billion - well short of 3 trillion.

The other problem is that central banks lease or swap gold to private
organisations and each other, so 25% to 50% of the stuff may not even be
physically there.

Roland.


"Vtrade"  wrote in message
news:102fa9ugm1cafe6@corp.supernews.com...
> As I try to be correct - I am not sure - but I believe the United States
> Treasury stated about 6 Years ago that the United States Treasury Rated
> the Gold Bullion deposits in the United States at 3 Trillion Dollars.
>
> Wander what it is worth today?
>