– Did The Federal Reserve Make A Major Math Error When Reporting Its December Gold Withdrawals? (ZeroHedge, Jan 31, 2015):
According to the NY Fed, 177 tons of gold have been withdawn from its vault in 2014; according to foreign central banks, at least 207 tons of gold were withdrawn from the NY Fed in 2014.
Did a Fed intern make a very glaring math error or is something else going on?
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There was an error all right, but as usual, it is like the employment records…….under-reported, and then amended later when fewer might notice. The amount of money being pulled out of the west is making folks nervous….at least those of us paying attention.