The U.S. is still sitting on nearly 9,000 tons (officially reported) of gold, well over $300B...

|By:, SA News Editor

The U.S. is still sitting on nearly 9,000 tons (officially reported) of gold, well over $300B worth, which prompts James Picerno to ask: Why? Carrying costs are high and the country runs a deficit, so the reason for holding the hoard must be political.