Ron Paul Has Just Guaranteed He Will Not Be Elected !

[billt]

The History Channel had a good 2 hour show all about Fort Knox called, "Fort Knox Secrets Revealed". This is a short 4 minute clip from it.

http://www.history.com/videos/fort-knox-secrets-revealed#fort-knox-secrets-revealed

http://www.history.com/videos/fort-knox-secrets-revealed#fort-knox-worker-reveals-all

They rerun it from time to time. They interview a guy who landed a job there to help count (audit), every gold bar there back in the 70's. Every single one is stamped and serial numbered. They also talk about all of the security upgrades that have taken place over the years. The landscape has also been changed. Trees removed, etc. If you ever get a chance to catch it, it's worth watching.  Bill T.

[fullautovalmet76]

On my way to work but I just wanted to make clear that I believe there is gold in Ft. Knox it's just how much, and to Path's point, whose gold is there is the question for me. I posed the same question at the New York Fed and was answered with icy stares.

[Pathfinder]

Every gold ingot stored at Fort Knox is stamped so identifying it. We do not store foreign gold there. During World War II we did store the Crown Jewels of England as a favor to Churchill, to prevent the Nazi's from stealing them. There was also a report that the Constitution was also stored there during the same time frame.  Bill T.

The US "owns" the gold in Ft. Knox as in we have physical possession of however much is there. My point was that - at one time anyhow - ownership was "logical" in that bars were moved around within the vaults based on net exchanges between countries. The process may have changed since then, I'm sure physical bars are no longer shuffled - all that happens on computers. Maybe the "ownership" was always on ledgers and the moving of bars was a public show for some reason. Who really knows. And that is the point - an audit, a real audit, will identify what we have, who really "owns" the metal "commodity" we have all agreed is valuable. All except FQ that is. He's still on cowrie shells I would guess . . . 

[Timothy]

It's my understanding, and anyone can do the research to prove otherwise, that we have gold reserves all over the US.  I recall that several billion dollars were stored beneath the World Trade Center, Chase Manhattan Bank in NYC, San Fransisco, etc....  I would guess that only a handful of folks actually know that amount that's secreted away....Fort Knox is just one repository for the shiny stuff..
 
For Y2K, the treasury printed an over abundance of paper currency just in case the SHTF after the year 2000, (even though the new millennium didn't start until Jan 1, 2001...the bothersome Gregorian calender and all)...and stored it all of the US as a precaution.