Physical Audit of Fort Knox Gold?
February 17th, 2025Via: ZeroHedge:
One of the biggest questions over the past 50 years is whether the gold at Fort Knox, Kentucky is really there, or if it’s been plundered.
What we do know is that the last ‘audit’ of America’s gold stash was conducted on Sept. 23, 1974, when the US Treasury opened just one of its 15 vaults at Fort Knox so politicians and reporters could swarm the site for a two-hour photo-op with roughly 6% of the alleged amount held. Adding to the complete farce, none of the bars being passed around for the cameras were matched to a serial number, assayed or tested for purity, or even verified as US holdings – as foreign countries have previously stored their gold at Fort Knox as well.
Since then there has been no independent verification of the roughly 4,580 metric tons supposedly held by the Treasury outside of bullshit annual ‘vault seal checks’ that don’t actually analyze the gold…
OK. So let’s say that they do audit the gold, and they find that a substantial amount of it is not there. What are the consequences for:
a) the global price of gold?
b) the health of the US economy?
I can’t imagine that anything good can come of it.
So would they look but then cover up what they find? Or do they go public with what they find and create an economic situation that they can use as leverage for the next stage of their plans?