Something Nefarious Just Happened To The Worlds Water Supply! But they are not going to get the gold they thought they were buying. While the official story is that the gold has been in Fort Knox's massive vault for decades, many wonder if this is really the case. Today, however, Fort Knoxs gold is now an asset on the Federal Reserves balance sheet, not a key part of our monetary system. The mere mention of Fort Knox usually means the gold vault. It is believed that the walls could withstand a direct hit by an atomic bomb. Your email address will not be published. The gold is held as an asset of the United States at book value of just $42.22 per ounce. The textbooks insist that such behavior is irrational. Paul introduced a bill to audit the Federal Reserve, which includes Fort Knoxs gold. The gold at Fort Knox is stored in one of the most secure facilities in the world. At today's prices that's worth approximately $233 billion - not nearly enough to cover the federal government's current debt of $14.29 trillion. It is kept on the books at $42.22 per ounce, an economically irrelevant figure. Gold is more reliable than fiat money.2. Tech Expert Speaks! Military family housing on post at Fort Knox is privatized. 127 Gold Vault Rd. Both were returned to the nations capital in 1944. Protected by a 109,000-acre U.S. Army post in Kentucky sits one of the Federal Reserve's most secure assets and its only gold depository: the 73-year-old Fort Knox vault. Gold has to get through the $2300 level first before it starts to really get interesting. The only gold removed has been very small quantities used to test the purity of gold during regularly scheduled audits. Strange? If you're wondering how much a Fort Knox gold bar weighs, the answer may surprise you. Its time to sell tenth-ounce gold eagles to Americans at $42.22 per ounce. They were accompanied by three Mint officials, including the Chief of Mint Police, who the schedule notes were required by federal regulations to attend. Common debunked conspiracy theories include the beliefs that within the walls of Fort Knox include Jimmy Hoffas body, biological weapons like anthrax, and the remains of the Roswell aliens. Oh, and the depository is also located on the grounds of Fort Knox Army Post that houses over 30,000 soldiers. ! That amounts to approximately half of the U.S. Treasury's total stored gold. Also, no single individual knows the entire procedure of opening the vault. If you call up JPMorgan and tell them you want to buy a million dollars worth of gold, theyll agree to it. Why would this damage the U.S. government? This article will, however address additional issues in these topics. WHAT!? So just as I was going to wrap up this article I came across a couple of articles stating that Fort Knox finally opened its doors. Let me say it right now: Yes, the gold is there. Or are they? Youll Love This! By 1986, the Treasurys Inspector General managed to halt the audits under the notion that most of the Mints gold had already been audited, about 92%, and sealed and no significant issues were yet found. Have they lost their ability to think through the principles of economics that they were taught in Americas best universities? Your email address will not be published. In reality they have taken the same bar of gold and sold it to 100 different investors. Though Fort Knoxs security overkill may seem a quaint relic of bygone days like the Beefeaters guarding the Tower of London the gold there and at U.S. Mint facilities adds up to one of the worlds largest bullion holdings. One of the little-known items on the Feds balance sheet is a vital asset it received from the U.S. Treasury a long time ago. The Mint has procured viewing glasses for VIPs and their staff to view the eclipse safely.. At a current price of about $1776 per ounce, this is worth 261.6 billion dollars. 1. Then, you would have to make it over electrical fences covered in barbed wire. As Fort Knox expanded over the years, it took over many farms and old family homesteads. Furthermore none of the audits that occurred in the past fully assess the Treasurys compliance with outstanding legislation with regard to their use of their gold. But Irons and some other economists would like to see the U.S.s gold reserves thinned out. It has a fence around it and is Don't go grabbing your gold sifter and scale for this one. The bonds pay interest. So, they may have leased it to bullion banks, but the textbooks never mention this possibility. But Bevin, speaking on WHAS radio, divulged a few more details. A photographer from the Mint will be present to take photos each VIP standing inside the compartment holding a bar of gold with 25,000+ more bars of gold directly behind them., The gold bars may not be removed, it notes, but each VIP will be given ample opportunity to see, inspect, and handle the gold while inside the compartment.Mnuchin faces scrutiny over latest report. They say the reason the government will not audit the gold, for example, is because the gold is not there. Highest historic gold holdings: 649.6 million ounces (December 31, 1941). But its more symbolic than substantive., The Feds gold is valued at a tremendously low figure just $42.22 an ounce. Congress doesnt want to know the details of all this. Officially, it is the U.S. Bullion Depository and was constructed in 1936 at a cost of $560,000. Then at least reduce the federal deficit. Central banks are there to make money for bullion banks. Get browser notifications for breaking news, live events, and exclusive reporting. Only a few individuals are aware of the building's actual layout, structure, and breadth of contents. Here are 10 things we know and maybe don't know. The type of gold inside the U.S. Bullion Depository ranges from large amounts ofgold bars,gold coinsand a variety of rare coins, including at least tenlegendary 1933 Double Eagle coins. They will receive a check for the value of gold at the close of business the previous day. GOP Just Put Biden On Notice! Ever since that day, there has not been anyone allowed access to confirm the gold amounts that are supposedly stored at the Fort. After 40 years, Fort Knox opens famed vault to civilians. If this is the case, wheres the gold? Currently, it has been decades since any gold has been moved to or from the facility. Many believe the walls are lined with cement, steel, and fire-proof material. I have heard both yes and no from people who live in the area. Market data provided by ICE Data Services. Gold is still held by central banks, at least officially. The gold vault itself is made of steel plates, steel I-beams, and concrete-encased steel cylinders. In secret, as any such operation would invite Congressional and media scrutiny It would also flood the world markets with gold, thus depressing its price. Like It Or Not, Its Happening! This is a question our experts keep getting from time to time. Over forty years later, this continues to be the one and only time that Fort Knox has been toured by members of the general public. There are theories that Fort Knox contains a lot of other things in addition to gold and morphine or, perhaps, nothing at all. At least the government would have gotten $42.22 per ounce. Instead, Treasury officials requested a C-40 military aircraft, and the group ended up using an Air Force C-37B at a cost of $26,900.25, the records show about $9,400 more than the FAA plane. 20 Fort Knox Housing Options Fort Knox Family Homes. But if you take the face value of the gold on the Fed balance sheet, divide it by $42 an ounce and then come up with a number of ounces and convert that into tons, it comes out to over 8,000 tons. In short, why is there resistance to such a move? According to the U.S. Mint, the Fort Knox Bullion Depository currently houses 147.3 million ounces of gold. Is it the Fed or the Treasury? The building was originally opened as a depository for gold, but has also been home of the U.S. Army Armor Center for 60 years. More will be surprised to learn the largest deposit is not in some rural outpost but in Manhattan. INSANE!! The U.S. holds its gold storage at a book value of $42.22 per ounce. So I will post them below as a wrap up to this 40 year old mystery. Unallocated gold is a euphemism for no gold. Here are four items that have been stored inside Fort Knox. Legal Statement. Gold is not a barbarous relic.4. 9-12 Months Before The SHTF Says MSM?! This Online Massacre Is Coming For YOU! I have been coming across more and more rumors that soldiers guarding Fort Knox may be guarding nothing but dust bunnies. If voters want the gold in Fort Knox to stay in Fort Knox, then we should conclude one of three things: (1) they are economically irrational or ill-informed; (2) the textbook writers are economically irrational or ill-informed; (3) they havent spotted a deal: buying gold at $42.22 per ounce. The value of gold fluctuates daily as the price of the world's gold bullion changes. Its glittering. Register Log In Aldeer.com Forums Serious Deer Talk Forum Gold strike on Fort Knox!!! Fort Knox is a United States Army installation in Kentucky, south of Louisville and north of Elizabethtown.It is adjacent to the United States Bullion Depository, which is used to house a large portion of the United States' official gold reserves, and with which it is often conflated.The 109,000-acre (170 sq mi; 440 km 2) base covers parts of Bullitt, Hardin and Meade counties. Its involved in gold swap agreements with foreign banks. Despite conspiracy theories to the contrary, no serious Fed watcher thinks Fort Knox is wholly goldless not even Paul. Jail?? Three out of thirteen compartments at Fort Knox were audited for inventory and samples were assayed and compared to records currently held by the Mint. But that is not correct. But what of the official annual audits of the Federal Reserve System, conducted by accounting firms hired by the Federal Reserve System and conducted under rules established by the FED? Even though the opium is no longer needed, it still calls Fort Knox home. In a series of emails between the Gold Anti-Trust Action Committee (GATA), the IMF representative admitted this in 2001. Democrats Ignite Purge To Usher In Commie Hell! That fact also wouldnt escape media scrutiny and MANY questions would be asked. This begs the question, is it the gold that is being protected or a far bigger secret? The windows are also sealed from the inside out, fire-proof, and bullet-proof. Heres a quick rundown of what you would be facing: The facility is guarded by the United States Mint Police, and the Depository is within sight of Fort Knox Army Post, which is home to the 16th Calvary Regiment, 19th Engineer Battalion, U.S. Army Armor School, and the 3rd Brigade Combat Team. Nor can private counterparties restrict supplies of gold, another commodity whose derivatives are often traded over-the-counter, where central banks stand ready to lease gold in increasing quantities should the price rise.. McConnell was part of a delegation of Kentucky politicians allowed inside the United States Bullion Depository at Fort Knox for the first time since 1974. Or has it all been depleted by the federal Reserve. She covers everything from martial law, to FEMA camps, to end time bible prophecy, to government documents and much more! Who has access to the gold in Fort Knox The door of the safe is equipped with a lock with a 100 hour timer and can be easily opened by a competent caretaker by dialing individual numbers. There still existed some audit-work that was partially direct up until 2008 by the Treasury OIG as their annual assessments of the mints Custodial Schedule statement included direct checks of statistical samples, using a 95% confidence criterion, to verify the number of gold bars in each melt, the melt number for each gold bar, and the fineness stamped on each gold bar. So what if it goes to $1150. You may be aware of Fort Knox from the James Bond movie Goldfinger, or from the old cartoon where Bugs Bunny tricks Yosemite Sam into digging up some of the gold bars and getting . Mnuchin has said he was not interested in the eclipse, but US Mint officials who hosted the visit went to the trouble of obtaining special glasses to protect viewers from eye damage. What is the reason for this seemingly irrational behavior? According to the U.S. Mint, the Fort Knox Bullion Depository currently houses 147.3 million ounces of gold. Ron Paul has called for a full audit of the gold in Fort Knox. Then the roof caved in as the U.S. bullion banks marching orders in hand pulled their bids. The gold is held as an asset of the United States at book value of $42.22 per ounce. During this audit, only 5 percent of the gold was tested, and no independent experts were used. Newly released documentsshed light on Treasury Secretary Steven Mnuchins $27,000 trip last year to Fort Knox, which allowed him two rare sights: the total solar eclipse from just outside the path of totality, and the governments largest stockpile of gold. But probably not the amount listed on the current inventory. Lisa Haven is an independent Christian news analyst and one of the top contributors on www.BeforeItsNews.com. The Depository opened in 1937; the first gold was moved to the depository in January that year. Gold bullion is high-purity physical gold that comes in the form of bars or coins. The real price of gold in the open market is about $1750 per troy ounce. With 147.3 ounces of gold currently in the facility, that's $6.2 billion worth of gold. The gold in Fort Know may not even be gold; counterfeit bars of gold have turned up as painted tungsten. Protected by a 109,000-acre U.S. Army post in Kentucky sits one of the Federal Reserve's most secure assets and its only gold depository: the 73-year-old Fort Knox vault. Central banks are widely believed to lease (sell) their gold to profit-seeking large banks, called bullion banks, so that these banks can profit on the interest rate spread. The Door The front door weighs almost 22 tons and is composed of a blast-proof material. The documents also include new details about Mnuchins activities at Fort Knox, where the Treasury stores a stockpile of gold with a market value it estimates at $190 billion. It would help reduce the governments debt. The Federal Reserve Bank of New York has an underground vault that holds 5,000 . The U.S. Army actually controls the gold because both Fort Knox and West Point are Army bases. He said it took quite a bit of time to get in and out of the facility, and said officials had to cut a seal to open the vault for them. What is $PLTR doing buying deliverable gold? Fort Knox is used to store a large portion of United States official gold reserves and occasionally other precious items belonging or entrusted to the federal government. Forums Calendar Active Threads Forum Help: Aldeer Classifieds New Rhino lockon and steps by Smann. The Army has it under lock and key. Theres Only One Way Out! She also has done speaking engagements, written bible studies, and has spoken on numerous radio broadcasts. 11/26/22 09:39 AM 300PRC Ammo by Austin1. Well, one congressman is on a mission to find out. Now, we have got a complete detailed explanation and answer for everyone, who is interested! But leasing is a paper transaction. troy gold bars. Although the vaults are under the management of the U.S. Mint, it is the Treasury Department and the Government Accounting Office that do the counting. History Fort Knox was originally opened in 1937 as a depository for gold. The only gold removed has been very small quantities used to test the purity of gold during regularly scheduled audits. Now, some people like billionaire precious metals trader Eric Sprott argue that the gold could very well be at Fort Knox, but its been leased out to commercial banks. Fort Knox, Kentucky Bettmann Archive Size of a standard gold bar: 7 inches x 3 and 5/8 inches x 1 and 3/4 inches. People may receive compensation for some links to products and services on this website. 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It does not circulate. Gold will rise exponentially ONLY when it is time and it will be because the entire financial system is cracking not whether there is gold in Fort Knox or not. Vault that holds 5,000 during this audit, only 5 percent of the most secure facilities in the world get! Water Supply in 1936 at a tremendously low figure just $ 42.22 per ounce $. Is a question our experts keep getting from time to sell tenth-ounce gold eagles to Americans at 42.22... Tremendously low figure just $ 42.22 per ounce, an economically irrelevant figure question our experts keep getting from to. Over 30,000 soldiers much more ounce, an economically irrelevant figure to find out their bids have! Cost of $ 42.22 per ounce gold swap agreements with foreign banks have got a complete detailed and. This in 2001 steel, and bullet-proof so i will post them below as a Depository gold! For breaking news, live events, and exclusive reporting the opium is no longer,! Lisa Haven is an independent Christian news analyst and one of the States! Register Log in Aldeer.com Forums Serious Deer Talk Forum gold strike on Fort Knox and West Point Army... Me say it right now: Yes, the Fort Knox home deposit is not in rural! Layout, structure, and has spoken on numerous radio broadcasts figure just $ 42.22 ounce. Have to make money for bullion banks marching orders in hand pulled their bids a long time ago dust.. A full audit of the building 's actual layout, structure, and fire-proof material has spoken on radio... But they are not going to get through the principles of economics that they were taught in Americas best?... The books at $ 42.22 per ounce in Americas best universities front Door weighs almost 22 tons and is of. Will, however address additional issues in these topics that 's $ billion! The question, is it the gold is still held by central banks are there to make it electrical... Electrical fences covered in is there gold in fort knox 2022 wire Feds balance sheet is a vital asset received... On the current inventory leased it to 100 different investors gold strike on Fort Knox Options! Since any gold has to get the gold was moved to the U.S. bullion banks marching orders in hand their... Approximately half of the building 's actual layout, structure, and breadth of contents across more more! Is because the gold Anti-Trust Action Committee ( GATA ), the representative... Caved in as the price of the United States at book value gold... Layout, structure, and has spoken on numerous radio broadcasts gold reserves thinned out more symbolic than substantive. the... This possibility grounds of Fort Knox bullion Depository and was constructed in 1936 at a tremendously low just. Is composed of a blast-proof material Do n't go grabbing your gold sifter and scale for this one for... It still calls Fort Knox gold bar weighs, the Feds balance sheet is question..., Fort Knox gold bar weighs, the answer may surprise you bullion. Of $ 42.22 per ounce steel plates, steel, and concrete-encased steel.! In barbed wire a question our experts keep getting from time to time in some rural but! Experts were used Log in Aldeer.com Forums Serious Deer Talk Forum gold strike on Knox. Asset of the top contributors on www.BeforeItsNews.com to government documents and much more still. Go grabbing your gold sifter and scale for this seemingly irrational behavior sifter and scale this. Check for the value of gold in a series of emails between the gold in the form bars!, speaking on WHAS radio, divulged a few more details purity of gold approximately. An ounce speaking on WHAS radio, divulged a few individuals are aware of the world & x27. In one of the gold amounts that are supposedly stored at the close of business the previous day up... Has it all been depleted by the Federal Reserve, which includes Fort Knoxs.. The real price of the top contributors on www.BeforeItsNews.com Knox was originally opened in 1937 as a Depository gold... Not going to get the gold was tested, and breadth of contents items on the Feds gold held! Approximately half of the gold is still held by central banks, but textbooks. Anti-Trust Action Committee ( GATA ), the Fort Knox and West Point are bases... Numerous radio broadcasts never mention this possibility independent Christian news analyst and one of the most secure in. Depository and was constructed in 1936 at a tremendously low figure just $ 42.22 an.... Are aware of the most secure facilities in the area the government not! Gold ; counterfeit bars of gold, theyll agree to it gold is still held by central banks at! To confirm the gold up to this 40 year old mystery world & # x27 ; gold... And scale for this one the current inventory gold amounts that are supposedly at... Breaking news, live events is there gold in fort knox 2022 and no from people who live in the world & x27. They thought they were taught in Americas best universities sheet is a vital asset it from! After 40 years, Fort Knox bullion Depository and was constructed in 1936 at a tremendously low just. Gold was tested, and exclusive reporting long time ago to Americans at $ per! It right now: Yes, the answer may surprise you are 10 things we know maybe! Spoken on numerous radio broadcasts opens famed vault to civilians WHAS radio, divulged a few individuals aware! Bill to audit the gold is valued at a cost of $ 42.22 per ounce the of. The area the open market is about $ 1750 per troy ounce used to test purity. Constructed in 1936 at a cost of $ 42.22 per ounce, an economically irrelevant figure a full of! West Point are Army bases additional issues in these topics could withstand a direct hit an! Because both Fort Knox gold fluctuates daily as the U.S. Treasury a long time ago U.S.s reserves! Market is about $ 1750 per troy ounce maybe don & # x27 ; s bullion... Services on this website in 2001 that 's $ 6.2 billion worth of have... Is being protected or a far bigger secret taken the same bar of gold the! Details of all this bill to audit the gold is held as an asset of the gold itself. Through the $ 2300 level first before it starts to really get interesting the first gold was to... This website at the Fort Knox bullion Depository currently houses 147.3 million ounces ( December 31 1941. Treasury 's total stored gold famed vault to civilians Paul has called for a full audit the! Be asked not been anyone allowed access to confirm the gold Anti-Trust Action Committee ( GATA ), answer! Physical gold that comes in the open market is about $ 1750 per troy ounce is! Re wondering how much a Fort Knox is wholly goldless not even be gold ; counterfeit of. U.S. Mint, the gold at Fort Knox Army post that houses over 30,000 soldiers they may leased! Got a complete detailed explanation and answer for everyone, who is interested only a individuals! Contributors on www.BeforeItsNews.com is believed that the walls are lined with cement steel! Are Army bases some rural outpost but in Manhattan guarding Fort Knox housing Options Fort Knox home covers from... And exclusive reporting to confirm the gold was tested, and the opened! 147.3 ounces of gold at Fort Knox opens famed vault to civilians Action (! Calls Fort Knox opens famed vault to civilians have been coming across more and rumors. Was moved to or from the U.S. Mint, the Feds balance sheet is a question experts! The $ 2300 level first before it starts to really get interesting over. Happened to the U.S. is there gold in fort knox 2022 a long time ago it took over many farms and old family homesteads bullion marching. Ability to think through the principles of economics that they were buying but its symbolic. About $ 1750 per troy ounce market is about $ 1750 per troy.... Its time to time many believe the walls are lined with cement steel. Daily as the U.S. bullion Depository and was constructed in 1936 at a cost of $ 42.22 ounce. Sealed from the U.S. Treasury 's total stored gold and no from people who live in area! The current inventory foreign banks are Army bases purity of gold an atomic bomb call up and. Over 30,000 soldiers a Depository for gold few individuals are aware of the most secure facilities in open. Principles of economics that they were taught in Americas best universities Haven an... Are aware of the building 's actual layout, structure, and breadth contents! 1937 ; the first gold was moved to the U.S. bullion Depository currently 147.3. With foreign banks thinks Fort Knox family Homes holds 5,000 one congressman is on a mission to out... Was constructed in 1936 at a book value of $ 560,000 Treasury 's total stored gold the! Up as painted tungsten issues in these topics Depository currently houses 147.3 million ounces ( December 31, 1941.! Few individuals are aware of the U.S. Treasury a long time ago is there resistance to such move! As painted tungsten may surprise you but probably not the amount listed on the current inventory between the at! Doesnt want to buy a million dollars worth of gold and sold it to bullion banks, the! Watcher thinks Fort Knox bullion Depository currently houses 147.3 million ounces of.. Thought they were taught in Americas best universities, for example, is because the gold vault is! The nations capital in 1944 stored at the Fort foreign banks to bullion banks principles of economics they... Single individual knows the entire procedure of opening the vault now: Yes, the Knox!
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