Ah, OK. So that's the way to do it. I don't see any problems. 

GhostofTruth

I don't know how easy or difficult that would be. The issue is that they have gold-backed certificates that are redeemable for a specific dollar value, rather than a specific quantity of gold.

They might have to essentially seize the gold from whoever owns it, which they could obviously do.

econ

Federal Reserve: End Of QT On The Horizon? What About Gold?

I don't know how easy or difficult that would be. The issue is that they have gold-backed certificates that are redeemable for a specific dollar value, rather than a specific quantity of gold.

They might have to essentially seize the gold from whoever owns it, which they could obviously do.