It takes an accountant to be really confusing. But, when an Accountant and the Federal Legislature intersect; Magic – as in what you’re looking at may not be what’s really there.
Point in case: The International Financial Statistics report from the Financial Management Services of the Treasury ( http://1.usa.gov/mQ13G5 ). To calculate Assets, Gold Stock value is calculated using $42.2 per ounce, less than 1/35th market value.
Voila! or is it Oh My!?