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How much gold is actually in Fort Knox?
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<p>[QUOTE="tekhen, post: 1016677, member: 16202"]<font size="3"><font face="Arial Unicode MS">To the OP... I do not know.</font></font></p><p><font size="3"><font face="Arial Unicode MS"> </font></font></p><p><font size="3"><font face="Arial Unicode MS">What I will say is all FIAT since its inception has collapsed under its own weight. </font></font></p><p><font size="3"><font face="Arial Unicode MS">The USofA was founded in 1776 while the FRN was issued in 1914 and has lost 90% of its value since.</font></font></p><p><font size="3"><font face="Arial Unicode MS"> </font></font></p><p><font size="3"><font face="Arial Unicode MS">Gold in Fort Knox to my understanding was handed over to the Fed Reserve once 28 signed the 'act' into law. The question I have is, who’s gold is it? </font></font></p><p><font size="3"><font face="Arial Unicode MS"> </font></font></p><p><font size="3"><font face="Arial Unicode MS">IMO... it doesn't matter neither you nor I can go to Ft. Knox... knock on the door and say, I want to make a citizens withdrawal. </font></font></p><p><font size="3"><font face="Arial Unicode MS"><font face="Arial Unicode MS">So, I will continue to convert into bullion and make the numismatic purchase as I see fit</font></font></font>[/QUOTE]</p><p><br /></p>
[QUOTE="tekhen, post: 1016677, member: 16202"][SIZE=3][FONT=Arial Unicode MS]To the OP... I do not know. What I will say is all FIAT since its inception has collapsed under its own weight. The USofA was founded in 1776 while the FRN was issued in 1914 and has lost 90% of its value since. Gold in Fort Knox to my understanding was handed over to the Fed Reserve once 28 signed the 'act' into law. The question I have is, who’s gold is it? IMO... it doesn't matter neither you nor I can go to Ft. Knox... knock on the door and say, I want to make a citizens withdrawal. [FONT=Arial Unicode MS]So, I will continue to convert into bullion and make the numismatic purchase as I see fit[/FONT][/FONT][/SIZE][/QUOTE]
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