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US Gold Stocks undervalued
posted on
Nov 08, 2009 10:13PM
Washington Post today reported that the US stockpile of Gold in Fort Knox is being valued at 1973 prices ($42 per ounce), and that at todays price would be worth somewhere north of $250B. Could put a damper on prices if they decided to cash in at any time, and use it to buy some of theose worthless greenbacks.
