& Medal Programs, Tours This is largely due to a well-circulated rumor during the 1970s that the vaults had been emptied by elites in banking in government, either leased out or confiscated. Over 640,000,000 ounces of real money sat behind those massive locked doors. Former US Mint director Edmund Moy has stated in 2013 US reserves contain mainly coin bars because of the great confiscation in 1933 by President Roosevelt, when US citizens were forced to hand in all physical gold.
Who was the last person to actually see the gold in Fort Knox? Why might the government entrust such inexperienced employees with this important task? All the golden coins that were handed in supposedly accumulated to the greatest gold pile on earth. American $1 Coins, SHOP Find out what Uber drivers really think of you! Thank you for signing up with United States Mint! On September 24, 1974, a special settlement (audit) is scheduled to begin and at its conclusion a report on the audit will be issued. How can the IG be positive if he did not have access to the most basic documentation? HOME; EVENTS; ABOUT; CONTACT; FOR ADULTS; FOR KIDS; accident on 9w marlboro, ny today In the excel sheet with the bar list of gold stored by the US Mint, published a few years ago, we can see nearly all the gold is low purity roughly 90 % pure very little was 9999 fine. This document also contains a summary of the 1980 audit which, by the way, isnt less detailed than the full 1981 report. The Fort Knox facility, a hyper-secure fortress in Kentucky that is part of quintessential American lore, is . After 20 years of Democratic presidents, the American public wanted to be sure that the gold confiscated from them was still there. Fort Knox Internal Review and Audit Compliance. After some correspondence back and forth I finally got an email saying my FOIA was exported out of FOIAonline because myrequest was for access to historical records. From the 1985 report:
The Great American Disaster: How Much Gold Remains In Fort Knox? 2023 DISCLAIMER: All content within CoinWeek.com is presented for informational purposes only, with no guarantee of accuracy. Then, something very strange happened in 1983. Exhibit 7.2. And the last time it was counted was actually in 1953." This suggests the gold at the FRBNY was stored so it could be easily transportedin and out of the vaults, possibly through a corridor to the adjacent private vault at 1 Chase Manhattan Plaza read this post by BullionStar gold researcher Ronan Manly for more information on the construction of the FRBNY vault and the connection to the vault across the street that was owned by JP Morgan, but recently bought by Fosun (October 2013), a Chinese investment conglomerate. Medals, Treasury and It was established in 1918 as Camp Knox (named for Major General Henry Knox, first U.S. secretary of war), and it became a permanent military post in 1932. The official story from OIG is that 100% of the gold stored at Fort Knox was audited in between 1974 and 1986, although there is no US government department that has the audit reports. Few people have ever entered the vault,and while147.3 million ounces of goldallegedly exists inside, the accuracy remains in doubt. As will conclusions and speculation. FORT KNOX MINE ICMC SUMMARY AUDIT REPORT . The Armored Force School and the Armored Force Replacement Center began operations at Fort Knox in October 1940. 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.
2021 what a year, Fort Knox! | Article | The United States Army As weve seen thus far there are many problems with the official story everything is fine, all the US official gold reserves all audited. At the end of Fiscal Year of 2008, all 42 compartments had been audited by either the GAO, the Committee for Continuing Audit of the U.S. At its peak, 649.6 million ounces were stored at Fort Knox on December 31, 1941. I decided to send an email to the FOIA online Help Desk to ask what happened to my request. "good delivery" bricks of gold found gutted and filled with tungsten within the confines of LBMA approved vaults in Hong Kong. Telephone: (502) 624-2386.
U.S. Government Lost 7 Fort Knox Gold Audit Reports The gold at Fort Knox is stored in one of the most secure facilities in the world.
What's really inside Fort Knox? The golden secrets of the US Bullion I personally believe that rumor and the bulk of it has been sold off to the rich elites. I can say that without any hesitation, because I have observed the gold and the security of the gold reserves myself. While investigating facts about Fort Knox Federal Credit Union and Fort Knox Safes, I found out little known, but curios details like: The Federation of Quebec Maple Syrup Producers has a "Fort Knox" vault of Maple Syrup. 213K subscribers in the Wallstreetsilver community. Revealed: The top 10 fastest-growing destinations for UK pensioners retiring overseas. Thats 6 down, 7 more to go. In 2008, presidential candidate Ron Paul unsuccessfully called for an audit of the US Federal Reserve and Fort Knox,but his skepticism echoed that of other conspiracy theorists.
There Is Gold in Fort Knox | Newsmax.com By Patrick A. Heller. At various times, it has been used to store other valuable items, such as the Declaration of Independence, one of the four copies of the Magna Carta, and the crown jewels of foreign nations. According to the excel sheet the US Mint stores 312 tonnes in 9999 fine gold, spread over 3 depositories; Fort Knox 15 tonnes, Denver 100 tonnes, West Point 197 tonnes. Built in 1936, security access for the facility make it difficult to get access. Bevin, who said he collected coins as a child, compared it to 'seeing a leprechaun on a unicorn. In an interview, McConnell said he could not say much about the visit for security reasons. The novel begins: 7:20 am, September 11, 2015. Ron Paul worries Fort Knox gold is gone. In October 1984, 4,136,046.924 fine ounces gold was reaudited. Meanwhile I was fortunate to find the 1981 audit report at the website The Golden Sextant fromReg Howe. The event, Sept. 23, 1974, is often inaccurately called the last audit of Fort Knox. At the congressional hearing of the Gold Transparency Act in 2011 Inspector General (IG) Eric Thorson stated: Before I discuss the details of the audits that are the topic of this hearing, I want to make one point very clear: 100 percent of the U.S. Governments gold reserves in the custody of the Mint has been inventoried and audited. From the 1985 report: In fiscal year 1985 audits of Government-owned gold were conducted at the United States Mint in Denver and the United States Bullion Depository in Fort Knox, Kentucky. Train fares will rise by 5.9% TOMORROW - but travellers can still get cheaper tickets if they buy them Why is Britain experiencing so many earthquakes?
Mnuchin's Visit to Fort Knox l JM Bullion fort knox crisis phone numbers. In 1974, WCPO Anchor Al Schottelkotte got a rare look inside the gold vault at Fort Knox, Kentucky. The monetary gold stock of the United States totals 276.0 million fine troy ounces valued at $11.7 billion at the official rate of $42.2222 per fine troy ounce, and is stored in various federal depositories (table attached), the largest of which is at Fort Knox, Kentucky. Gold verification at Fort Knox March 1998, page 1. Other problems sound laughable in their incompetence. When I logged in at my account at the FOIA website, I saw my request had disappeared. Remember, were investigating the audits of the greatest gold hoard on earth, which underpins the world reserve currency the US dollar. Weve barely come across any independent auditor that saw, counted, weighed or assayed the US official gold reserves. Lets recap what weve studied in the previous posts. The inspection by Members of Congress on September 23, 1974, of U.S. gold stocks stored at the Fort Knox (Ky.) Bullion Depository marks a unique departure from the long standing and rigidly enforced policy of absolutely no visitors, Mrs. Mary Brooks, Director of the Mint, announced today. Coin This would last until 2010 when the Armor School was relocated to Fort Benning, Georgia.
Does The Fort Knox Gold Really Exist? | Gold Eagle More than half of .
After 40 years, Fort Knox opens famed vault to civilians Fort Knox sits on over 100,000 acres and houses 30,000 military personnel. I'm not a professional auditor (if you are one please contact me), but common sense suggests that when irregularities are found the sample size . In addition to facilities in West Point and Denver, the Fort Knox facilityknown as the U.S. Bullion Depositorystands out for its reputation as an impenetrable fortress. Koos is in the company of monetary scholar Jim Rickards and former U.S. Representative Ron Paul in publicly campaigning for more transparency in the financial system and the gold market. In June 1975 the Secretary of the Treasury authorized the continuing audits of the US owned gold stock. The US government wished to open the vaults of audited gold to lease or sell the metal on the open market. But Bevin, speaking on WHAS radio, divulged a few more details. Koos mainly provides unique insights about Chinese gold market.
Fort Knox Gold - History of Fort Knox | BullionByPost Kids, Gifts for
Fort Knox Gold - History of Fort Knox | BullionByPost It basically coveredby 1986, 97 percent of the Government-owned gold held by the Mint had been audited and placed under joint seal. In response to a FOIA request the US Mint has finally released reports drafted from 1993 through 2008 related to the physical audits of the US official gold reserves. 35 % first buy in bonus! The Mint estimated that as much as one-third of the gold reserves were examined during this period. Between July 1983 and July 1985 the gold was audited in accordance with the plan approved by the Treasurer, as follows. The depository holds more than 147 million ounces of gold, which puts its market value at more than $186 billion. While this sum is unreasonable, a crowdfunding campaign donated the total in less than 24 hours (strangely enough, the Mint never actually cashed Kooss check, and nearly all of the money was eventually refunded.). Shortly after I got an email that statedmy request had been received and was being processed. Tiger Woods unleashes his lawyers on porn site after it Bannon is 'going to war' against Jared, 'crying Ivanka' and A whole hue world! The New Year kicked off . 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. ByI forget which date it was, I believe by 1986, wehold on just one second here, I got it. In October 1984, 4,136,046.924 fine troy ounces of gold were reaudited at the United States Mint, Denver.
Fort Knox Scandal - Chapter 20 - Bill Still's Monetary Reforum Each and every bar there should be assayed in a full, independent audit. (Back to top) CIVILIAN TIME MILITARY TIME CIVILIAN TIME MILITARY TIME 12:01 AM 0001 5:00 PM 1700 (Seventeen hundred) 5:00 AM 0500 10:00 PM 2200 10:00 AM 1000 (Ten hundred) 11:30 PM 2330 12:00 PM (Noon) 1200 12:00 AM . For the other years we dont know whatoffice performed the checks. Tuesday March 22, 2016 13:20. In August 2017, US Treasury Secretary Steve Mnuchinvisited the gold vault at Fort Knox and, along with a few other politicians, surveyed the site. Despite continued inquiries, the US Mint refuses to offer up proof of the exact amount of gold held at Fort Knox. In total there should be 13 reports (1974 1986), 2 already were in my possession (1974 and 1977). After the Congressional inspection, the Bullion Depository will once again be closed to visitors. 2/ As of September 30, 1982, 100 percent of the gold stored at the depository [Fort Knox] was audited under the initial continuing audit program. Following the Second World War, with the United States emerging as the lone remaining superpower, the countrys gold holdings reached as high as 20,000 tonnes!
Ron Paul - Audit Fort Knox (the gold dipped tungsten bars) There has not been any movement of inventoried gold since that time. I also want to assure you that the physical security over the gold reserves is absolute. As a result more than 1,700 tonnes at the Fort Knox and the Denver depository, that were both fully audited and sealed at that time, needed to be re-audited. The assayer is unknown and there was no assay report included in the audit report. On February 25, 2015, I submitted a FOIA request in orderto obtain the audit reports drafted by the Continuing Audits Of U.S.-Owned Goldcommittee in 1975, 1976, 1978, 1979, 1982, 1983 and 1984. In July 1985, 11,912,458.207 fine troy ounces of gold were reaudited at the Fort Knox Depository. No outside experts were allowed on the site for the audit, either, providing fodder for all kinds of conspiracy theorists. Each gold bar is 7 inches x 3 and 5/8 inches x 1 and 3/4 . Mistakes That Created America As You Know It, What It Was Like to Enter Through Ellis Island, Uncivilized Moments on the Congress Floor, Heinous Policies Toward Children and Families, Times Another US Civil Conflict Almost Began, Proposed States and Territories That Almost Were, A History of Foreign Meddling in US Elections, 1812: The Biggest Mess in the Country's History, Fort Knox Is So Mysterious And Heavily Guarded, Only One US President Has Ever Been Inside, video cameras, motion detectors, and secret microphones. Upload by MysteryManagement Fort Knox and the gold dipped tungsten bars - Michael Rivero showAre the gold bars in Fort Knox really made of the precious metal. Fort . 1126, San Diego, CA, 92128, USA . .
The U.S. Government Spent Fort Knox GoldHundreds of Times Your request was received in this office on March 3, 2015 and assigned FOIA case number RD 45578.
Fort Knox Security: The Most Heavily Guarded Place - Reader's Digest Part of the Daily Mail, The Mail on Sunday & Metro Media Group. 26 Feb 2017 13:18.
PBOC Gold Purchases: Separating Facts from Speculation. The views expressed in the contents above are those of our users and do not necessarily reflect the views of MailOnline. July 1986 12,477,777.638 [this number Icopied from the 1986 report].
Fort Knox and The Missing Gold! - Strange Unexplained Mysteries One particular compartment with 19,800 gold bars was recorded as being moved in the 1996 audit, yet was checked again in 1998 (with the same 19,800 gold bars) with no reference to the fact that this is almost certainly the same sample of gold inspected two years prior. The day of the Mary Brooks tour of Fort Knox, September 23, 1974, the Treasury announced that for the first time in twenty-one years, they would agree to an audit of the U.S. gold reserve. Weve focused on the first audits of the gold stored by the US Mint. $800 weekly hand count free roll. Last time: This picture dates from 1974 - the last time civilians were allowed inside - and shows Mrs. Mary Brooks, Director of the Mint surrounded by gold in one of Fort Knox's vaults From the 1985 report: In fiscal year 1985 audits of Government-owned gold were conducted at the United States Mint in Denver and the United States Bullion Depository in Fort Knox, Kentucky. Government-owned Gold, or my office, and placed under official joint seals. Royal Mint Launches First Coin in Myths and Legends Collection, Numismatic Crime Counterfeit Notes Sold Over Facebook, 1776 Continental Dollar Offered by David Lawrence Rare Coins, Grade This 1936-S Cincinnati Commemorative Silver Half Dollar, First King Charles III Coin From Pobjoy Celebrating the Accession, Dakota 1875 $5 Bank Note in Stacks Bowers Spring Auction. During this operations, the melt numbers and the number of bars in each melt are verified with an inventory listing, and one in fifty melts is randomly selected for weighing and test assay. Beginning in 1974, the auditors of the U.S. government's gold reserves held at Fort Knox, Ky., and at the U.S. Mint facilities in Denver, Colo., and West Point, N.Y. (which was named the West Point Bullion Depository from its opening in 1937 until it gained status as an official Mint in 1988), started a 10-year program to verify 100 percent of the gold reserves. Medals, Email & Fort Knox is used to store a large portion of United States official gold reserves and occasionally other precious . Fort Knox, major U.S. military reservation in Meade, Hardin, and Bullitt counties, northern Kentucky, U.S. However, until the missing audit reports show up we can only look at this case as its presented by the US government through the documents that are publicly available. Fort Knox is a U.S. army base in Kentucky, best known for the United States Bullion Depository which holds a large part of the U.S. government's reserves of gold. *In 1977, presumably, one bar in every fiftieth melt (one melt is approximately 20 bars) was assayed, irregularities were found in two melts, the vault had to be opened twice more in the presence of the Joint Sealing Committee and the gold reevaluated. Exhibit 1. A Fort Knox physical gold audit in 1953 was anything but full, neither was the famous audit in 1974. If official documents come to surface I will report accordingly. Our staff conducted a search using the National Archives Holdings Management System under the following records group numbers: RG 50 Treasurer of the United States, RG 56 General Records of the Department of the Treasury, RG 82 Federal Reserve System, RG 101 Office of the Comptroller of the Currency, RG 104 U.S. Mint, and RG 425 Financial Management Service. However, as Ive written in my post Where Did The Gold In Fort Knox Come From? The documents also include new details about Mnuchin's activities at Fort Knox, where the Treasury stores a stockpile of gold with a market value it estimates at $190 billion. It was a magnificent golden sunrise that inspired visions of glory, wealth, and beauty. Senator from Kentucky, where Fort Knox is located. The assayer is unknown and there was no assay report included in the audit report. Mnuchin said it was the first time Fort Knox opened its vaults to outsiders since a Congressional delegation and some journalists were let in to view the gold for the first time in 1974. Learn how your comment data is processed. " He told an audience in Louisville, "I assume the gold is still there.". previous, Kids
Is There Gold in Fort Knox? - CBS News His visit was the one and only time a gold vault was opened for inspection for anyone other than authorized personnel.