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Gold Flows Abroad Five Blocks From U S Assay Office
In the 1960s era a columnist recalls how foreign creditors drain U S gold via a five block route between the U S Assay Office and the New York Federal Reserve. The piece explains how France or other nations transfer gold against dollar claims, shrinking U S holdings while raising global currency concerns.
MENTIONED IN THIS ARTICLE
Sylvia Porte
New York
Manhattan Island
New York Harbor
Federal Reserve Bank of News
U.S
U.S. Assay
Manhattan
New York Federal
Reserve Bank
New York City
New York Federal Reserve
France
Federal Reserve
New York Reserve
Old Slip
East River
Liberty Street
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