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Latest United States Bullion Depository Stories

2008-09-15 21:00:21

The Associated Press invites news-related questions and answers them periodically in this Ask AP feature. This week's questions concern the nation's gold reserves and outsourcing. Q: How much gold is stored at Fort Knox? And is it all the property of the American public? - Jeff Kimball, Salt Lake City A: The vaults hold 147.3 million ounces of gold, all of which is owned by the United States. The gold, valued at more than $100 billion, is stored at the United States Bullion Depository...


Word of the Day
caparison
  • A cloth or covering, more or less ornamented, laid over the saddle or furniture of a horse, especially of a sumpter-horse or horse of state.
  • Clothing, especially sumptuous clothing; equipment; outfit.
  • To cover with a caparison, as a horse.
  • To dress sumptuously; adorn with rich dress.
This word ultimately comes from the Medieval Latin 'cappa,' cloak.
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