GOLD - There IS an audit? - It IS in Ft. Knox?
Posted: Thu Mar 27, 2014 7:32 amhttp://www.ingoldwetrust.ch/a-first-gla ... ves-audits
A question:
The gold has a "book" value of 42.22.
When the mint takes some gold to mint eagles, do they receive it in at market value or book value for "cost of raw materials"?
If it is costed at "book" then the "profit" on sales of gold by the mint is tremendous.
A question:
The gold has a "book" value of 42.22.
When the mint takes some gold to mint eagles, do they receive it in at market value or book value for "cost of raw materials"?
If it is costed at "book" then the "profit" on sales of gold by the mint is tremendous.