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Is there any gold inside Fort Knox, the world’s most secure vault?

Posted By admin On March 28, 2009 @ 3:33 am In Money Watch | Comments Disabled

Chris Ayres
London Times [1]
Saturday, March 28, 2009

It is said to be the most impregnable vault on Earth: built out of granite, sealed behind a 22-tonne door, located on a US military base and watched over day and night by army units with tanks, heavy artillery and Apache helicopter gunships at their disposal.

Since its construction in 1937 the treasures locked inside Fort Knox have included the US Declaration of Independence, the Gettysburg Address, three volumes of the Gutenberg Bible and Magna Carta.

For several prominent investors and at least one senior US congressman it is not the security of the facility in Kentucky that is a cause of concern: it is the matter of how much gold remains stored there – and who owns it.

They are worried that no independent auditors appear to have had access to the reported $137 billion (£96 billion) stockpile of brick-shaped gold bars in Fort Knox since the era of President Eisenhower. After the risky trading activities at supposedly safe institutions such as AIG they want to be reassured that the gold reserves are still the exclusive property of the US and have not been used to fund risky transactions.

Is there any gold inside Fort Knox, the worlds most secure vault? 335x205 graph128c aj [2]

In other words, they want to be certain that the bullion has not been rendered as valueless as if a real-life Goldfinger had stolen it.

“It has been several decades since the gold in Fort Knox was independently audited or properly accounted for,” said Ron Paul, the Texas Congressman and former Republican presidential candidate, in an e-mail interview with The Times. “The American people deserve to know the truth.”

Full article here [1]

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URLs in this post:

[1] London Times: http://www.timesonline.co.uk/tol/news/world/us_and_americas/article5989271.ece

[2] Image: http://www.efoodsdirect.com/products.html

[3] Is Gold in Fort Knox Real? Ron Paul Wants to Know: http://www.prisonplanet.com/is-gold-in-fort-knox-real-ron-paul-wants-to-know.html

[4] Ron Paul: ‘There Might Not Be Any Gold In Fort Knox’: http://www.prisonplanet.com/ron-paul-there-might-not-be-any-gold-in-fort-knox.html

[5] Selling Gold at Fort Knox Emerges as Next Big Question in Debate on Federal Debt Limit: http://www.prisonplanet.com/selling-gold-at-fort-knox-emerges-as-next-big-question-in-debate-on-federal-debt-limit.html

[6] Ron Paul Reality Check: Should America Sell Fort Knox’s Gold?: http://www.prisonplanet.com/ron-paul-reality-check-should-america-sell-fort-knoxs-gold.html

[7] Hong Kong recalls gold reserves, touts high-security vault: http://www.prisonplanet.com/hong-kong-recalls-gold-reserves-touts-high-security-vault.html

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