Where’s the gold? NY Fed undergoes first-ever audit [1]

RT.com
August 4, 2012

AFP Photo / Michal Cizek

A massive trove of gold kept under lock and key five stories below Manhattan at the New York Federal Reserve has been undergoing its first audit in history. It could put conspiracy theories - for example, that the gold is a sham - to sleep for good.

According to the official record, the US government keeps billions of dollars in gold stored beneath the New York Fed's Italian Renaissance fortress around the block from Wall Street.

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