Absolutely. If people don't trust that the fed has all its gold, people would be wary of buying gold in there. But Switzerland managed to sell 1300 tons of it,

Absolutely. If people don't trust that the fed has all its gold, people would be wary of buying gold in there. But Switzerland managed to sell 1300 tons of it, presumably at reasonable prices for the time. That's a lot of buyers who don't worry about their purchases not existing.