ATC quote · Jun 25, 2025 · 0:59:26
“So what what the what the treasury did, right, is took the gold from the banks. And the value of that gold is at 42... It's, like, somewhere around $42 and change. Right? Might be, like, $42.91 or…”
Landy @CryptoLandy
From All Things Crypto: Fannie & Freddie Meet Crypto, Jun 25, 2025 · Episode page

In context
0:59:21 Dave @DCBK2LA: do you reevaluate, like like, how do you revalue gold? Like, does that what does that actually mean?
0:59:26 Landy @CryptoLandy: So what what the what the treasury did, right, is took the gold from the banks. And the value of that gold is at 42... It's, like, somewhere around $42 and change. Right? Might be, like, $42.91 or something. I forget. So when when, when the treasury took that gold, they issued gold certificates to the banks. Right? So all of your Federal Reserve banks hold gold certificates. They don't actually have gold in their…
1:02:25 EMPress @Hope_ology: I'm talking about getting the money to spend, Landy. I'm talking about
Show discussion only, not financial advice. Transcripts are auto-generated.
