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Is Gold In Fort Knox Real? Ron Paul Wants to Know

 
LadyLeo
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06/14/2011 03:57 PM
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Is Gold In Fort Knox Real? Ron Paul Wants to Know
Are the gold bars in Fort Knox really made of the precious metal? Or has the U.S. government secretly sold off the nation's stockpile and replaced it with metal bars that are only painted gold?

Ron Paul wants to find out.

Giving legitimacy to an Internet conspiracy theory that the gold in Fort Knox is fake, the iconoclast Republican congressman from Texas has asked adminstration officials to audit the purity of the nation's 700,000 gold bars held in Fort Knox, according to an internal Treasury document obtained by CNBC. Paul, a presidential candidate who chairs the House's subcommittee on Domestic Monetary Policy, had previously called for the U.S. gold reserve to be counted and for a return to the gold standard. He now appears to be going a step further in his request that representatives from the U.S. Treasury Department and the U.S. Mint testify at a subcommittee hearing on June 23 about the authenticity of the nation's gold.

more [link to www.cnbc.com]

Last Edited by LadyLeo on 06/14/2011 04:21 PM
LadyLeo  (OP)

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06/14/2011 04:07 PM
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LadyLeo  (OP)

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bump
The Commentator

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06/14/2011 04:23 PM
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Re: Is Gold In Fort Knox Real? Ron Paul Wants to Know
And Archimedes, an ancient Greek, knew how to tell if a sample of metal was all gold or if it had been adulterated, but Ron Paul is apparently ignorant of such wisdom.
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LadyLeo  (OP)

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Re: Is Gold In Fort Knox Real? Ron Paul Wants to Know
And Archimedes, an ancient Greek, knew how to tell if a sample of metal was all gold or if it had been adulterated, but Ron Paul is apparently ignorant of such wisdom.
 Quoting: The Commentator


That doesn't make any sense he wants to check it without doing that none of us know for sure.
GeekOfTheWeek

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06/14/2011 04:57 PM
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Re: Is Gold In Fort Knox Real? Ron Paul Wants to Know
I remember a few years back, maybe longer (I'm old), when they let the press in. The gold was all there!!
I love physics. It bonds us eternally, it's what makes our computers work, it's what's in my morning cup of coffee, it's the thing that keeps the universe from vanishing due to lack of belief...
LadyLeo  (OP)

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Re: Is Gold In Fort Knox Real? Ron Paul Wants to Know
I remember a few years back, maybe longer (I'm old), when they let the press in. The gold was all there!!
 Quoting: GeekOfTheWeek


But was it real? Some gold has been sold recently that wasn't.
Tungsten Bars
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06/14/2011 05:11 PM
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Re: Is Gold In Fort Knox Real? Ron Paul Wants to Know
Certain countries started to demand part of their payment in gold, and the US gov was unable to do so, having long since embezzled and sold off all the gold in Fort Knox for private profit. (No auditioning of the gold has been allowed since the 50s. Gee, I wonder why!)

Making tungsten bars was just a desperate attempt to win a little time. They didn't gold-plate those tungsten bars thinking the Chinese would be fooled forever, they were simply trying to cover their asses for a couple more months.

Thread: Bob Chapman discusses: Gold Plated Tungsten Bars - Biggest Financial Swindle In History?
LadyLeo  (OP)

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06/14/2011 05:14 PM
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Re: Is Gold In Fort Knox Real? Ron Paul Wants to Know
Certain countries started to demand part of their payment in gold, and the US gov was unable to do so, having long since embezzled and sold off all the gold in Fort Knox for private profit. (No auditioning of the gold has been allowed since the 50s. Gee, I wonder why!)

Making tungsten bars was just a desperate attempt to win a little time. They didn't gold-plate those tungsten bars thinking the Chinese would be fooled forever, they were simply trying to cover their asses for a couple more months.

Thread: Bob Chapman discusses: Gold Plated Tungsten Bars - Biggest Financial Swindle In History?
 Quoting: Tungsten Bars 632784


Gld ETF Warning, Tungsten Filled Fake Gold Bars

[link to www.marketoracle.co.uk]
Anonymous Coward
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06/14/2011 05:17 PM
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Re: Is Gold In Fort Knox Real? Ron Paul Wants to Know
[link to www.silverbearcafe.com]

A good summary of the looting of Ft. Knox
LadyLeo  (OP)

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Re: Is Gold In Fort Knox Real? Ron Paul Wants to Know
Gold to Reach $5,000 Due to Supply Shortage: Report

[link to www.cnbc.com]
Anonymous Coward
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Re: Is Gold In Fort Knox Real? Ron Paul Wants to Know
Ron Paul is asking for PROOF that there is gold in Fort Knox. He already knows the answer, but the public doesn't, so he asks the question.

From the internet book: If You Care to Know the Truth, author Eric Rainbolt (snippets)

...At the end of WW II, Fort Knox contained over 700 million ounces of the gold, an incredible 70% of all gold in the world. How much remains? ...

Despite the fact that federal law requires an annual physical audit of Fort Knox gold, the treasury has consistently refused to conduct one. The truth is, a reliable audit of whatever remains in the depository has not been conducted since president Eisenhower ordered one in 1953.
<...>
Finally by 1971, all the pure gold has been secretly removed from Fort Knox and drained back to London. Once the gold was gone from Fort Knox, president Nixon closed the gold window...This gold belonged to the American people, not the Federal Reserve and their foreign owners.
<...>
What Reagan's gold commission reported back to congress in 1982 was the following shocking revelation concerning gold. The US treasury owned no gold at all! All the gold that was left in Fort Knox was now owned by the Federal Reserve, a group of private bankers, as collateral against the national debt. ...
<...>
For those of you still in disbelief after checking out all the facts above: in August of 2003 I caught our most honest Congressman, Representative RON PAUL of Texas, on film after I asked him a question directly eye to eye. I asked him if this deceptive conquest for world government was true. He confirmed it, claiming there were roughly 25,000 people working on developing the international bankers' "New World Order"! He stated they are actively conspiring in our congresses, our universities, and in the media.

Please view the 2 minute downloadable video clip for yourself on
[link to www.911exposed.com.]

Once again, We the People are the tenants and sharecroppers renting our own property from a Sovereign in the guise of the Federal Reserve Bank. We the people have exchanged one master for another. ~Tom Tancredo~

[link to www.angelfire.com]
.
LadyLeo  (OP)

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06/14/2011 05:24 PM
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Re: Is Gold In Fort Knox Real? Ron Paul Wants to Know
Ron Paul is asking for PROOF that there is gold in Fort Knox. He already knows the answer, but the public doesn't, so he asks the question.

From the internet book: If You Care to Know the Truth, author Eric Rainbolt (snippets)

...At the end of WW II, Fort Knox contained over 700 million ounces of the gold, an incredible 70% of all gold in the world. How much remains? ...

Despite the fact that federal law requires an annual physical audit of Fort Knox gold, the treasury has consistently refused to conduct one. The truth is, a reliable audit of whatever remains in the depository has not been conducted since president Eisenhower ordered one in 1953.
<...>
Finally by 1971, all the pure gold has been secretly removed from Fort Knox and drained back to London. Once the gold was gone from Fort Knox, president Nixon closed the gold window...This gold belonged to the American people, not the Federal Reserve and their foreign owners.
<...>
What Reagan's gold commission reported back to congress in 1982 was the following shocking revelation concerning gold. The US treasury owned no gold at all! All the gold that was left in Fort Knox was now owned by the Federal Reserve, a group of private bankers, as collateral against the national debt. ...
<...>
For those of you still in disbelief after checking out all the facts above: in August of 2003 I caught our most honest Congressman, Representative RON PAUL of Texas, on film after I asked him a question directly eye to eye. I asked him if this deceptive conquest for world government was true. He confirmed it, claiming there were roughly 25,000 people working on developing the international bankers' "New World Order"! He stated they are actively conspiring in our congresses, our universities, and in the media.

Please view the 2 minute downloadable video clip for yourself on
[link to www.911exposed.com.]

Once again, We the People are the tenants and sharecroppers renting our own property from a Sovereign in the guise of the Federal Reserve Bank. We the people have exchanged one master for another. ~Tom Tancredo~

[link to www.angelfire.com]
.
 Quoting: Anonymous Coward 1407435


OK the thing I don't understand is FED LAWYER ALVAREZ: “THE FEDERAL RESERVE DOES NOT OWN ANY GOLD AT ALL”

[link to goldnews.com]

And I wonder just like RP does if the Gold that's in the vault is real? We are supposed to have Gold in there.
Anonymous Coward
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06/14/2011 05:25 PM
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Re: Is Gold In Fort Knox Real? Ron Paul Wants to Know
"Fed Chairman Ben Bernanke renewed his calls to Congress on the debt ceiling, saying it is the "wrong tool" to force spending cuts, CNNMoney reports. "



Your elected officials are about ready to fold, I give them two months at the most...


Stocks are at a near all time high, The DOW is up near 2000 points in 365 days...


Whatch what happens if your leaders want to put panic and fear into the general population....

Sit back and watch the show, watch the sheep cry .....


Prove me wrong.....
hoot no more/hasheater
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Re: Is Gold In Fort Knox Real? Ron Paul Wants to Know
ha ah ha ha ha where do you think that Hitler got the gold to rebuild Germany starting in 1933?[After the USA went bankrupt that spring and took all the peoples gold]
LadyLeo  (OP)

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06/14/2011 05:32 PM
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Re: Is Gold In Fort Knox Real? Ron Paul Wants to Know
"Fed Chairman Ben Bernanke renewed his calls to Congress on the debt ceiling, saying it is the "wrong tool" to force spending cuts, CNNMoney reports. "



Your elected officials are about ready to fold, I give them two months at the most...


Stocks are at a near all time high, The DOW is up near 2000 points in 365 days...


Whatch what happens if your leaders want to put panic and fear into the general population....

Sit back and watch the show, watch the sheep cry .....


Prove me wrong.....
 Quoting: Anonymous Coward 658762


Nah I can't prove you wrong I agree I see bernanke and obama are threatening collapse but we are going to anyway raising the debt ceiling just prolongs the pain and gives the bankers more gain I agree with Denninger (Market Ticker Guy).

Bernanke Threatens Congress (Again)

[link to market-ticker.org]

‘Crisis’ if debt ceiling isn’t raised: Obama

[link to blogs.marketwatch.com]
LadyLeo  (OP)

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bump
LadyLeo  (OP)

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06/14/2011 05:50 PM
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hiding
Anonymous Coward
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06/14/2011 05:59 PM
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Re: Is Gold In Fort Knox Real? Ron Paul Wants to Know
I remember a few years back, maybe longer (I'm old), when they let the press in. The gold was all there!!
 Quoting: GeekOfTheWeek


Exactly.

Ron Paul is either an idiot or a puppet.

Always banging on about gold gold gold even though apart from wedding rings it means shit to 99% of the population.

But where is he on this sort of issue - like falling incomes?

Thread: National Income Plummets.. Revolution Will Be Soon !!

Nowhere to be found.
Anonymous Coward
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06/14/2011 06:02 PM
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Re: Is Gold In Fort Knox Real? Ron Paul Wants to Know
LadyLeo wrote:

OK the thing I don't understand is FED LAWYER ALVAREZ: “THE FEDERAL RESERVE DOES NOT OWN ANY GOLD AT ALL”

[link to goldnews.com]

And I wonder just like RP does if the Gold that's in the vault is real? We are supposed to have Gold in there.

Then Fort Knox is either empty after the Fed took it as collateral on the debt, or it didn't; it's the same as gone if it's fake. Where is the gold that was stored under the WTC?

We know for sure that the gold was STOLEN from us...it's gone! Fort Knox is guarded, but by men with wooden guns. Are they guarding an empty shack, fake gold? Probably so.

According to Skolnick, the gold went to London to visit the queen.
.
LadyLeo  (OP)

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Re: Is Gold In Fort Knox Real? Ron Paul Wants to Know
I remember a few years back, maybe longer (I'm old), when they let the press in. The gold was all there!!
 Quoting: GeekOfTheWeek


Exactly.

Ron Paul is either an idiot or a puppet.

Always banging on about gold gold gold even though apart from wedding rings it means shit to 99% of the population.

But where is he on this sort of issue - like falling incomes?

Thread: National Income Plummets.. Revolution Will Be Soon !!

Nowhere to be found.
 Quoting: Anonymous Coward 1425718


Just because there was Gold in there years ago means nothing it might not be there now and if it is, is it real? That Gold belongs to the people we have a right in fact a duty to see if it is there and if it is real.
Anonymous Coward
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Re: Is Gold In Fort Knox Real? Ron Paul Wants to Know
I remember a few years back, maybe longer (I'm old), when they let the press in. The gold was all there!!
 Quoting: GeekOfTheWeek


Exactly.

Ron Paul is either an idiot or a puppet.

Always banging on about gold gold gold even though apart from wedding rings it means shit to 99% of the population....
 Quoting: Anonymous Coward 1425718


Just because there was Gold in there years ago means nothing it might not be there now and if it is, is it real? That Gold belongs to the people we have a right in fact a duty to see if it is there and if it is real.
 Quoting: LadyLeo


LadyLeo, Ron Paul isn't so much calling for an audit of Fort Knox as he the Federal Reserve. He KNOWS the gold is gone. He and we should know where it went, when it went, to whom, and what for. Let's look at the books...both sets.

Sixty-six years ago, we owned 70% of the world's gold! No wonder we were known as the richest nation in the world, now being reduced to 3rd-world status.

Tom Tancredo gave his speech on the floor of Congress in 1993, 17 years ago! And nothing's been done. Nothing. We've been living on nothing more than paper since 1971, backed by nothing but the "full faith and credit of the United States of America, Inc."

I'd rather take the cash. They can keep the credit. Where's the gold!!!!!
.
LadyLeo  (OP)

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06/14/2011 06:33 PM
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Re: Is Gold In Fort Knox Real? Ron Paul Wants to Know
I remember a few years back, maybe longer (I'm old), when they let the press in. The gold was all there!!
 Quoting: GeekOfTheWeek


Exactly.

Ron Paul is either an idiot or a puppet.

Always banging on about gold gold gold even though apart from wedding rings it means shit to 99% of the population....
 Quoting: Anonymous Coward 1425718


Just because there was Gold in there years ago means nothing it might not be there now and if it is, is it real? That Gold belongs to the people we have a right in fact a duty to see if it is there and if it is real.
 Quoting: LadyLeo


LadyLeo, Ron Paul isn't so much calling for an audit of Fort Knox as he the Federal Reserve. He KNOWS the gold is gone. He and we should know where it went, when it went, to whom, and what for. Let's look at the books...both sets.

Sixty-six years ago, we owned 70% of the world's gold! No wonder we were known as the richest nation in the world, now being reduced to 3rd-world status.

Tom Tancredo gave his speech on the floor of Congress in 1993, 17 years ago! And nothing's been done. Nothing. We've been living on nothing more than paper since 1971, backed by nothing but the "full faith and credit of the United States of America, Inc."

I'd rather take the cash. They can keep the credit. Where's the gold!!!!!
.
 Quoting: Anonymous Coward 1407435


So you think the Gold that is in there is fake then? CNBC says they saw it in 1974 and that was the last time anyone has seen it but even if they saw it they didn't test it.

"As a postscript to the story, CNBC asked for a tour of Fort Knox to film the gold, since our only footage of Fort Knox is from 1974. An official at the Mint told us that not he was not aware that any member of Congress had toured the facility since that year. Fort Knox is "a closed facility," the official said."
Anonymous Coward
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...


Exactly.

Ron Paul is either an idiot or a puppet.

Always banging on about gold gold gold even though apart from wedding rings it means shit to 99% of the population....
 Quoting: Anonymous Coward 1425718


Just because there was Gold in there years ago means nothing it might not be there now and if it is, is it real? That Gold belongs to the people we have a right in fact a duty to see if it is there and if it is real.
 Quoting: LadyLeo


LadyLeo, Ron Paul isn't so much calling for an audit of Fort Knox as he the Federal Reserve. He KNOWS the gold is gone. He and we should know where it went, when it went, to whom, and what for. Let's look at the books...both sets.

Sixty-six years ago, we owned 70% of the world's gold! No wonder we were known as the richest nation in the world, now being reduced to 3rd-world status.

Tom Tancredo gave his speech on the floor of Congress in 1993, 17 years ago! And nothing's been done. Nothing. We've been living on nothing more than paper since 1971, backed by nothing but the "full faith and credit of the United States of America, Inc."

I'd rather take the cash. They can keep the credit. Where's the gold!!!!!
.
 Quoting: Anonymous Coward 1407435


So you think the Gold that is in there is fake then? CNBC says they saw it in 1974 and that was the last time anyone has seen it but even if they saw it they didn't test it.

"As a postscript to the story, CNBC asked for a tour of Fort Knox to film the gold, since our only footage of Fort Knox is from 1974. An official at the Mint told us that not he was not aware that any member of Congress had toured the facility since that year. Fort Knox is "a closed facility," the official said."
 Quoting: LadyLeo


It is most likely fake, FDR minted 22k bars after the gold confiscation and those bars were placed at the bottom of the stack. Some of those bars showed up about 2 years ago from a foreign investor who was long and wanted delivery of a contract with JPM, I think the sum was around $20 million or so. When the bars were delivered they were found to be 22k, so JPM was naked short and got someone, most likely the fed or treasury to cover their short position with the bars FDR had minted.

It's most likely all gone.
LadyLeo  (OP)

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...


Just because there was Gold in there years ago means nothing it might not be there now and if it is, is it real? That Gold belongs to the people we have a right in fact a duty to see if it is there and if it is real.
 Quoting: LadyLeo


LadyLeo, Ron Paul isn't so much calling for an audit of Fort Knox as he the Federal Reserve. He KNOWS the gold is gone. He and we should know where it went, when it went, to whom, and what for. Let's look at the books...both sets.

Sixty-six years ago, we owned 70% of the world's gold! No wonder we were known as the richest nation in the world, now being reduced to 3rd-world status.

Tom Tancredo gave his speech on the floor of Congress in 1993, 17 years ago! And nothing's been done. Nothing. We've been living on nothing more than paper since 1971, backed by nothing but the "full faith and credit of the United States of America, Inc."

I'd rather take the cash. They can keep the credit. Where's the gold!!!!!
.
 Quoting: Anonymous Coward 1407435


So you think the Gold that is in there is fake then? CNBC says they saw it in 1974 and that was the last time anyone has seen it but even if they saw it they didn't test it.

"As a postscript to the story, CNBC asked for a tour of Fort Knox to film the gold, since our only footage of Fort Knox is from 1974. An official at the Mint told us that not he was not aware that any member of Congress had toured the facility since that year. Fort Knox is "a closed facility," the official said."
 Quoting: LadyLeo


It is most likely fake, FDR minted 22k bars after the gold confiscation and those bars were placed at the bottom of the stack. Some of those bars showed up about 2 years ago from a foreign investor who was long and wanted delivery of a contract with JPM, I think the sum was around $20 million or so. When the bars were delivered they were found to be 22k, so JPM was naked short and got someone, most likely the fed or treasury to cover their short position with the bars FDR had minted.

It's most likely all gone.
 Quoting: Anonymous Coward 961432


Wow I knew JPM was sued and lost but I thought they paid out money do you have a link to that story?
Anonymous Coward
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Re: Is Gold In Fort Knox Real? Ron Paul Wants to Know
I remember a few years back, maybe longer (I'm old), when they let the press in. The gold was all there!!
 Quoting: GeekOfTheWeek


Exactly.

Ron Paul is either an idiot or a puppet.

Always banging on about gold gold gold even though apart from wedding rings it means shit to 99% of the population.

But where is he on this sort of issue - like falling incomes?

Thread: National Income Plummets.. Revolution Will Be Soon !!

Nowhere to be found.
 Quoting: Anonymous Coward 1425718



Wedding rings eh???? Guess you never opened up your computer or cell phone.

GOLD GOLD GOLD GOLD. The ancients knew it was valuable. 100 years ago your view would have been accepted. These days we once again understand why gold is so valuable.

Gold = Tech
Anonymous Coward
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Re: Is Gold In Fort Knox Real? Ron Paul Wants to Know
There is only one reason not to allow an independent audit of Fort Knox.
LadyLeo  (OP)

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Re: Is Gold In Fort Knox Real? Ron Paul Wants to Know
I remember a few years back, maybe longer (I'm old), when they let the press in. The gold was all there!!
 Quoting: GeekOfTheWeek


Exactly.

Ron Paul is either an idiot or a puppet.

Always banging on about gold gold gold even though apart from wedding rings it means shit to 99% of the population.

But where is he on this sort of issue - like falling incomes?

Thread: National Income Plummets.. Revolution Will Be Soon !!

Nowhere to be found.
 Quoting: Anonymous Coward 1425718


No value?

Standard Chartered: Limited New Production Will Result in $5,000 per ounce Gold

[link to www.economicpolicyjournal.com]
Anonymous Coward
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06/14/2011 07:19 PM
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Re: Is Gold In Fort Knox Real? Ron Paul Wants to Know
Ron Paul is asking for PROOF that there is gold in Fort Knox. He already knows the answer, but the public doesn't, so he asks the question.
 Quoting: Anonymous Coward 1407435


It's all GRAND STANDING. Ron Paul is only saying what we want to hear. He knows it will never happen. Meanwhile he supports open border globalism like everyone else in Washington DC.

There are NONE good in Washington. NONE!
LadyLeo  (OP)

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06/14/2011 07:52 PM
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Re: Is Gold In Fort Knox Real? Ron Paul Wants to Know
Ron Paul is asking for PROOF that there is gold in Fort Knox. He already knows the answer, but the public doesn't, so he asks the question.
 Quoting: Anonymous Coward 1407435


It's all GRAND STANDING. Ron Paul is only saying what we want to hear. He knows it will never happen. Meanwhile he supports open border globalism like everyone else in Washington DC.

There are NONE good in Washington. NONE!
 Quoting: Anonymous Coward 1422826


So you don't care if our gold was stolen well I do!
Godsontoo

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Re: Is Gold In Fort Knox Real? Ron Paul Wants to Know
I remember a few years back, maybe longer (I'm old), when they let the press in. The gold was all there!!
 Quoting: GeekOfTheWeek


You mean it looked like gold but it very well could have been lead with a anodized gold coat.
A Psalm of David. The LORD is my shepherd; I shall not want.

He maketh me to lie down in green pastures: he leadeth me beside the still waters.

He restoreth my soul: he leadeth me in the paths of righteousness for his name's sake.

Yea, though I walk through the valley of the shadow of death, I will fear no evil: for thou art with me; thy rod and thy staff they comfort me.

Thou preparest a table before me in the presence of mine enemies: thou anointest my head with oil; my cup runneth over.

Surely goodness and mercy shall follow me all the days of my life: and I will dwell in the house of the LORD for ever. †.





GLP