If anyone bothered to read through the notes to the financial statements of the US Mint they would find the following:
"In accordance with 31 U.S.C. § 5517 (b) and 31 U.S.C. § 5516 (b)(2) statutory rates of $42.2222 per FTO of Gold and 1.292929292 per FTO of silver are used to value the entire custodial reserve of the US mint."
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If anyone bothered to read through the notes to the financial statements of the US Mint they would find the following:
Oct 03 01:46 am
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All Comments by Groneil »The 20-Month Gold Puzzle [View article]
"In accordance with 31 U.S.C. § 5517 (b) and 31 U.S.C. § 5516 (b)(2) statutory rates of $42.2222 per FTO of Gold and 1.292929292 per FTO of silver are used to value the entire custodial reserve of the US mint."