Is Fort Knox Empty?

My belief is that the government of the USA is utterly corrupt beyond any hope of redemption.
The gold is gone (long gone if you ask me) and is now lining the vaults of the Chinese, retired Senators, Congressmen and Presidents.
Unless I was to personally examine (with the help of an expert) the so-called gold holdings of the United States, I refuse to believe there is any left.
Just my 2¢

 

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Sorry if my previous post seemd flippant.

Well, there IS audits performed every year. The rooms are sealed, and the seals checked, surveillance equipment checked, and a room at random physically checked each year. In such an environment this is a prudent practice, since every time you unseal a room every single ounce has to be reaccounted for and signed off multiple times. The seal provides you the means to not have to do that. This is about the extent of the amount of public information that is out there, and its a separate Federal agency that performs this task each year.

Opening up the facility to tourists and camera crews does significantly compromise its security. This is why this action is STRONGLY discouraged for every type of security detail. I do not think the details of the physical security are out on the net for public consumption, just generalities. Giving access to multiple people like this DOES compromise the security. That was my point, to keep it as safe as possible they CANNOT open up the gates and let people prance about. This is the point the people who say 'just open it up and show us" either do not understand or minimize. Its not that they are hiding something, its that security protocol, formed over decades of trial and error, end proven in the field, dictates that they don't. The only way you would ever get this done would be a Presidential decree, and that decree would be over the objections of every single person involved in the security of Ft Knox, or any secure facility the US government protects.

I know US government and military security protocol, lets just say that. I have never stepped foot into the bullion depository, though.

That is why I am simply saying that the lack of them opening the doors does not prove anything, and if they ever did do that, I would SERIOUSLY question the judgment of whoever was responsible for that decision. For this reason, I am not a supporter of a certain candidate, since he has stated he would open these doors up.

The last reason I simply believe its there is: It doesn't matter. What does it really matter if we have a few hundred billion in gold there? Since it doesn't matter, WHY would they even bother selling it? If the gold in there was worth half the Federal debt, and the Treasury was having a hard time finding buyers of debt, and then magically we were flush then I would buy this argument more. As it is, its like one years worth of interest payment, not a lot in the scheme of things.

As always, just my opinion.

Chris

 

We do know there was gold there until 1971 because the physical gold was being shipped out of there to settle USD redemptions from Europe. This gold mostly went to France. This made Nixon end the gold window in 1971 due to fears of the USA running out of gold.

After that, Ft. Knox was opened once to the public in September 1974. It was filmed and back in the days when the History Channel still showed history shows, they did a program on it. Here is the video. Nobody has seen inside since.

[video=youtube;7-ZF2CYEC1g]https://www.youtube.com/watch?v=7-ZF2CYEC1g[/video]

 

TY for the post Fatima. You are very correct. I would only say that, "no one has seen inside it since" according to standard protocol should not be correct. Every year one of the rooms should be opened, audited, accounted for, reconciled to inventory bar by bar, and then resealed after everyone involved signs off. "Publicly the gold has not been seen since" would be a preferable statement to me.

chris

 

Valued at $42.22 an ounce

 

The government picks the stooges, er I mean the inspectors. That just screams of a conflict of interest.
Edited as political opinion.

 

According to the US Treasury and the US Office of Accountability, there has been no manual count of the bars in Ft Knox in decades. This is the entire point of Ron Paul wanting an official congressional sponsored audit performed of the place. Those seals on those doors may not have been opened since 1974 so I will go with the statement on the History channel. i.e. nobody has been inside since 1974. (with the exception of guards)

I prefer to stick with the evidence at hand rather than to make assumptions of what might be.

 

There is no gold left I bet. The federal reserve is a private bank which not everyone is aware of and has never disclosed it's list of owners. FDR confiscated most of the American public's gold and the Federal reserve not the U.S. Treasury took possession of it for the set amount of dollars per ounce. Why would private bankers now in possession of real 'money' with the ability to print fiat and loan it to a government at interest or buy the real 'money' with fiat they print, leave all that real 'money' gold in public ownership; the answer is they wouldn't imo.

 

The Federal Reserve did not take possession of the physical gold. Instead they were given gold certificates that are backed by that gold. Those certificates value the gold at $42/ounce in lawful money.

 

Its there

 

Those seals on those doors may not have been opened since 1974

Read more: http://www.cointalk.com/t196589-2/#ixzz1gdoMj8O3

Kinda sounds like you are making your own assumptions. Do you have a source from the GAO on their audit procedures for this facility?

 

I didn't see anything on that link but another topic. Sorry, I'm not going to research the argument for you if you can't make it yourself.

 

So you're saying, 8,965.6 tons of gold is just gone, poof, without any trace? That's a lot of gold to move around and I severely doubt it's just gone, that's why I believe there's gold still at Fort Knox along with the remaining reserves at the mints.

 

Wow, Chris for one time I actually disagree with you. I will assure you that the security risk to this nation is far greater given the selection of any other candidate. It is lack of transparency which questions the very function of our democracy. Just my opinion.

 

Meh, they're all scumbags and our nations security risk and threat doesn't change by who's currently in the top office.

 

Like I said in the previous thread on this topic; Elvis stole all the gold in Fort Knox, before he was hired by the mafia to shoot JFK from the grassy knoll.

His purported death in 1977 was a conspiracy too. He's really hiding out in area 51 with all the UFOs the US government has hiding in their huge underground hangar.

 

Do you disagree Jason that physical security starts with:

1. Keeping location secret
2. Minimizing outsiders and the number of people who know the facility's security protocol?

I am simply referring to security protocols, and if someone wishes to keep something secure. If you believe that the US is hiding the fact that Ft Knox is empty, then I agree with you sir. I am for honest, open government. Assuming that there is gold in Ft Knox, I, as a taxpayer, want it kept as secure as possible. If gold is there, and the government is not lying about it, the worst thing we can do is breach established security protocols and make it less secure.

I hope none of my posts make it sound like I am against open government, or for lying to the US citizens. I was simply making the point that there are very good reasons for not letting media into Ft Knox even if it has the gold, so this lack of access does not prove the gold is gone. That is what I was trying to convey at least. If that candidate, once becoming president found out that indeed the gold was still there, but STILL opened it up to the media, I believe that would be very ill advised. If he, or any president, found out there is no gold there, I would hope they would tell us the truth.

Chris

 

The Federal Reserve has the biggest single depository of gold in the world. It's more gold than what's stored in Ft. Knox. Yet there is no need for secrecy there. Anyone traveling to NY city can take a tour of the gold vault. This is not USA gold. It is gold held by the Federal Reserve for other central banks, which seemingly, have no issue with people, including Americans seeing their gold.

Visit the Federal Reserve Gold Vault

 

Honestly, since we went on the "Federal Reserve Standard", there hasn't been any need to vault large amounts of gold to back up currency. I don't think any gold is in Fort Knox. None. I believe it was taken and used for clandestine operations, just like the drugs that the government smuggled into the country and put into the inner cities during the Reagan administration. Oliver North only gave us the most briefest glances into the inner workings of a government involved in criminal activities, including selling arms to embargoed nations. These same people had the keys to the vault. If any gold was in Fort Knox at that period of time, there is a darn good chance that it is gone now.

Of course "clandestine operations" may have been more of an individual nature than the governments. Not that any of the people in power to do so, would, lie cheat or steal.

Just sayin'

gary

 

Like the intelligent Carl Sagan would say, "extraordinary claims require extraordinary evidence.."