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America's Gold Is Still Valued at $42 an Ounce | Phillip Magness #gold #kitconews
America holds 261.5 million ounces of gold, but the federal books still value it at $42.22 an ounce, about $11 billion against more than $1 trillion at market. Economic historian Phillip Magness explains the accounting mystery behind the number. Should the US reprice its gold? Watch the full interview: https://youtu.be/-u-KGcXACFo ...
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