Who really owns the Federal Reserve Bank and where is all of the United Sates gold?

- Regarding 'ownership of the Federal Reserve.

The Federal Reserve System is organized with a government agency at the top (the Board of Governors), and branches beneath them that resemble private corporations. (http://www.federalreserveeducation.org/f... )

The Board of Governors are all appointed for 14-year terms by the president and confirmed by congress. It operates per it's charter and laws set by congress. it is overseen by congress. There is no structure or mechanism for private ownership at this level. Board members are forbidden by law to have any economic interest in a private bank.

The 12 branches, however, are organized similar to private corporations. Member banks are required to buy shares in their branch. They can vote for 6 of their 9 board members. The shares get a standard 6% dividend. These shares cannot be sold on the open market. All 'profit' from the Federal Reserve branches is turned over to the Treasury at the end of the year.Are the Fed branches privately owned? The Fed says 'No' (ref http://www.federalreserve.gov/generalinf... ). Courts have ruled that it can be treated as a private corporation for purposes of tort law.

--- So who does own shares in the Federal Reserve branches?

Actually it is very easy to figure out. The law says that member banks must purchase shares based on their size. So the biggest banks have the most shares. The three biggest U.S. banks are: (ref: http://www.gfmag.com/2004/Oct/c_ci/fe_ar...

- Citigroup
- JPMorgan
- Bank of America

And who are the biggest stockholers of the banks that own the shares? That's easy to find out since it is public information.

- Citigroup (ref: http://finance.yahoo.com/q/mh?s=C )

--- Barclays (4.5%)
--- Capital Research and Management (3.8%)
--- AXA (3.4%)

--- Largest individual shareholder: Sanford Weill (0.3%)


- JPMorgan (ref: http://finance.yahoo.com/q/mh?s=JPM )

--- Barclays (5.0%)
--- State Street Corporatoon (3.1%)
--- AXA (4.6%)

--- Largest individual shareholder: James Dimon (0.08%)


- Bank of America

--- Barclays (4.8%)
--- Fidelity Management and Research (3.4%)
--- State Street Corporatoon (3.1%)

--- Largest individual shareholder: Kenneth Lewis (0.04%)


--- Where is the Gold? Mainly fort knox and the NY Fed

The rumors that Fort Knox was empty started right after the U.S. got off the gold standard completely. Congress ask Fort Knox to open up. For the first time in their history, they allowed cameras in to see the huge stock pile of gold.
http://www.usmint.gov/about_the_mint/fun_facts/index.cfm?flash=yes&action=fun_facts13

The Fed owns $11B in gold stock. (Ref: http://www.federalreserve.gov/releases/h41/Current/ ). The Federal Reserve bank of New York reportedly has the largest gold repository in the world, even more than Fort Knox. It holds approximately 5000 tons of gold. However, they are just caretakers of this gold for other countries(Ref:
http://en.wikipedia.org/wiki/Federal_Reserve_Bank_of_New_York )

- Regarding the rumors that Fort Knox is empty:

" The security around the Depository has in part led to a popular and recurring conspiracy theory, as alleged by Edward Durrell, Tom Valentine and others, that claims that the Vault is mostly empty, with most of the gold in Fort Knox removed to London in the late 1960s by Lyndon Johnson. In response, on September 23, 1974, Senator Walter Huddleston of Kentucky, twelve congressmen, and about one hundred members of the news media toured the Vault and opened various cells and doors, each filled with gold. Radio reporter Bill Evans, when asked if it seemed like the gold might have been moved in just for the visit, replied that "all I can say is that I saw gold there" and that it seemed like it was always there. Additionally, audits of the gold by the General Accounting Office (in cooperation with the United States Mint and the United States Customs Service in 1974 and the Treasury Department) from 1975-81 found no discrepancies between the reported and actual amounts of gold at the Depository. Approximately ten percent of the bullion is audited annually to ensure the amount and purity matches official records. The theory continues to persist, however." (Ref: http://www.answers.com/topic/united-states-bullion-depository )



http://www.usmint.gov/about_the_mint/fun_facts/index.cfm?flash=yes&action=fun_facts13

A private company owns the Federal Reserve , read -

Taxes -


The Internal Revenue service which collects taxes in America is a privately owned company { yes you read that right } although the public are lead to belive it is part of the government . In 1863 the bureau of Internal revenue was fromed to collect taxation , but in 1933 three members of the Prescott/Bush family Helen and Clifton Barton and Hector Echeverria formed the Internal Revenue Tax and Audit Service registered in Deleware . In 1953 , the Original Bureau of Internal Revenue was disbanded , leaving the privately owned Internal Revenue Service to collect all the taxes .

I bet your thinking how did all this get started well my friend , to understand this we have to travel back in time to the first president George Washington { tune in some soothing music } . When George Washington became president he appointed Alexander Hamilton as his secretary of the treasury . Hamilton introduced the bank to the United States , a privately owned central bank which began to lend money to the newly established U.S. government so creating control by debt { I think you can figure that out } . However the bank of the United States as it was called , caused so much poverty , bankruptcy and rebellion that it was eventually closed down , but soon after came its replacement - The Federal Reserve . Interesting to mention the bankers who wrote the bill for the United States Bank were hated by the public because of what I mentioned above . However they are the same people that wrote the bill for the Federal Reserve and whenever they were in public they vehemently opposed the bill for the Federal Reserve that they wrote themselves !!! It was clear manipulation as the public hated these guys and they were so unpopular that support for the Federal Reserve bill increased ten fold . The bill was then pushed threw congress just before Christmas in 1913 when many congressman were at home with their families for the holidays . However to ensure an endless supply of funds for the government they introduced the Federal Income Tax bill also in 1913 . They did this very sneaky as they needed an amendment { we know today as the 16th } and that required 36 states to agree . But philander knox , the secretary of state at the time simply announced that the required majority had been achieved and the bill was then introduced . To this day the Federal Income Tax is illegal yet they continually get away with having americans pay .

Side note- there is no law { that's right let me say that again } no law , that says Americans must pay Federal Income Tax but they go on paying year after year after year because they think they have to and those that know its illegal do so anyway because they are in fear if they don't , as they would lose their house , business , car you name it . Which by the way is the very diffeniton of terrorism and also why people see the United States Government by deffiniton , carrying out terrorist acts .

The Federal Reserve the so called central bank of the United States isn't Federal nor does it have any reserve . The Federal Government of the United States does not own a single share in the Federal Reserve and the American people cannot purchase them . Profits exceed 150 billion a year and the Federal Reserve has not once , in all its history published audit records . Another interesting item I found while doing my investigation as to how the Federal Reserve spends all that money { get ready } to pay off the National Debt , I know I couldn't believe that either .

the fed is a private corporation that has at least 50% foreign ownership.yep we were screwed back in the 1930's to get this swindle passed(it took two tries in congress).now the new crop of thieves is trying to destroy the USA with this "comprehensive immigration" scam.As to the gold it probably is in a swiss bank owned by the elite that run the show.