by ZeroHedge News Staff at ZeroHedge
One of the biggest questions over the past 50 years is whether the gold at Fort Knox, Kentucky is really there, or if it’s been plundered.
What we do know is that the last ‘audit’ of America’s gold stash was conducted on Sept. 23, 1974, when the US Treasury opened just one of its 15 vaults at Fort Knox so politicians and reporters could swarm the site for a two-hour photo-op with roughly 6% of the alleged amount held. Adding to the complete farce, none of the bars being passed around for the cameras were matched to a serial number, assayed or tested for purity, or even verified as US holdings – as foreign countries have previously stored their gold at Fort Knox as well.
Since then there has been no independent verification of the roughly 4,580 metric tons supposedly held by the Treasury outside of bullshit annual ‘vault seal checks’ that don’t actually analyze the gold (oh, and they’ve ‘lost‘ seven of those) – various efforts have been raised to audit Fort Knox – most recently in 2021, when Rep. Alex Mooney (R-WV) introduced (now-dead) legislation to audit America’s gold holdings with a full assay, inventory, and audit of all US gold – which would include a full account of gold transactions undertaken by the US government.
In 2010, former Libertarian Rep. Ron Paul called for an independent audit of Fort Knox.
“It’d be nice for the American people to know whether or not the gold is there,” Paul said at the time.
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