How Much Gold in Fort Knox?

While no one will officially confirm the #s, supposedly there is as follows:  …. the gold there (at Fort Knox) and at U.S. Mint facilities adds up to one of the world’s largest bullion holdings. Still, it’s a tiny part of the nation’s total assets. In a $13.8 trillion GDP economy, 147.3 million troy ounces of gold barely registers.

I multiplied that by the current $1,600 an ounce and it comes to $229 Billion. I think the government just blew that in its FAA faux pas.

Read more: http://moneywatch.bnet.com/economic-news/article/is-there-gold-in-fort-knox/385523/#ixzz1UCI7KoLO