July 21, 2017 7:24AM. Exhibit 2. McConnell said he had never thought about visiting Fort Knox before, but jumped at the chance when Mnuchin offered to take him. From at least 1944 the world reserve currency is the US dollar, which was backed by gold until 1971 and supported by gold ever since. The vaults were last opened to the public in the 1970s, and the last treasury secretary visit was in 1948. The results of the assays by Ledoux & Company and White Sands Missile Range presented by the OIG at the congressional hearing show nearly all 9999 fine gold (see exhibit 3, or read page 62 to 124 from this document). Ron Paul worries Fort Knox gold is gone. 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. More than half of the total reserves4,582.95 tonnes, or 147,341,870.463 fine troy ounces of goldare kept at Fort Knox, while more than 1,000 tonnes are stored at West Point and Denver each. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); This site uses Akismet to reduce spam. He tweeted " Glad gold is safe! After the gold was audited by the Continuing Audit committee all compartments were placed under Official Joint Seal. The last time Fort Knox had opened its vault to civilians was more than 40 years earlier. In 1953, the US Treasury Department audited Fort Knox, but only around5% of the goldunderwent testingfor purity. In an audit conducted at Fort Knox in 1953, 88 ingots were counted for verification. Fort Knox Policies. Join FORT KNOX code Axykp! It lies 30 miles (48 km) southwest of Louisville and occupies an area of 172 square miles (445 square km). 213K subscribers in the Wallstreetsilver community. Connecting thereto, from Thorsons opening statement: My office began conducting annual audits of the gold reserves in Fiscal Year 1993. The gold at Fort Knox is stored in one of the most secure facilities in the world. ', 'I assume the gold is still there,' he said. The BGFO and Mint staff was replaced by the OIG and the revised audit procedures were invented as a reason to open several compartments. Koos takes a sharp jab at how the government bureaucracy operates, inveighing (with cause) that it should be clear that the Deep Storage gold has not been audited by professionals, but the precious metals have been verified by imbeciles.. The facility also featuresvideo cameras, motion detectors, and secret microphones, all set to pick up the presence of anyone or anything that doesn't belong. 15919 Avenida Venusto, Apt. 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. The First Critical Observations", February 2017. The controversial 'trauma expert' interviewing Prince Harry: Gabor Mat was warned by the Canadian A big Beckham birthday! 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. For the first time photographing is being permitted inside the Depository.. 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. Built in 1936, security access for the facility make it difficult to get access. The US official gold reserves are the worlds greatest by far at 8,134 metric tonnes. And the vault has also been a setting place for several movies, the most famous being the 1964 James Bond film, Goldfinger when the titular character foiled a plot to contaminate thebullion. The 1974/1975 and 1978 reports refer to the audits conducted in 1974 and 1977. Cookies are also used for the purpose of handling our system and services. The audit, which includes facilities, roads, parking lots, fences and utilities that are each valued at $250,000 or more, involved 1,053 sites and encompassed researching, identifying, reviewing . Ron Paul wants gold at Fort Knox audited - Jun. 24, 2011 - CNNMoney Bevin, who said he collected coins as a child, compared it to 'seeing a leprechaun on a unicorn. The depository holds more than 147 million ounces of gold, which puts its market value at more than $186 billion. Much of this newfound gold came into government coffers as a result of President Franklin Roosevelts executive order confiscating privately held gold in 1933. The other two-thirds, however, have not been inventoriedthat is according to my understandingor assayed since somewhere between 1975 and 1986. Furthermore, these audits found no exceptions of any consequence. The depository was built following U.S. President, Franklin D. Roosevelt's, controversial 1933 legislation - Executive Order 6102 - which outlawed the private ownership of gold bullion. On the way to the vault, a literal mine field and an electric fence protectthe gold. What the Hell is This?: Mnuchin Tweets on Fort Knox Gold US Mint Releases New Fort Knox Audit Documentation. 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. eonon change home screen. Then, the official response from the offline department to my request I received on May 13 as a PDF attachment (click here to view) oddly enough itsdated March 25, 2015 but not sent to me at thetime. The speculation has also been amplified by the degree of secrecy surrounding the reserves: Since the depository opened seven decades ago, the only time any member of the public has been permitted inside the facility was when members of the media were (however briefly) invited in on September 23, 1974. Donald Trump Doesn't Think So. On April 28, 1943, President Franklin D. Roosevelt inspected the Bullion Depository, Mrs. Brooks said. Gold verification at Fort Knox March 1998, page 3. What's really inside Fort Knox? The golden secrets of the US Bullion Text Alerts, Contact Vault: Rare look inside gold vault at Fort Knox - WCPO Fort Knox is also on the list of these 10 forbidden places that no one is ever allowed to visit. Koos mainly provides unique insights about Chinese gold market. The reports were not present at the National Archives, the OIG or at the Treasury Department. The Mint and the GAO were sanctioned to audit a portion of the Treasury's gold. US Army Cadet Command Headquarters | Military Base Guide The committee was made up of staff from the Treasury, the Mint, and the Federal Reserve Bank of New York. In 1983 the OIG found out something was amiss with the audits performed 1974 1982. Only one president has ever been inside -and the US Mint remains largely mum on the contents of the vault -making Fort Knox a hotbed for conspiracy theories. Then, something very strange happened in 1983. In addition to the gold bricks, Bevin said he got to hold a 1933 double eagle, a $20 gold coin that was never circulated. I did read one time that the queen of England a. And we attempted to contact a records management officer at the Treasury Department, but did not receive a reply as of the date of this letter. He said this, but there is no proof. Fort Knox Gold: Myth or Reality? - jackhunt.com ByI forget which date it was, I believe by 1986, wehold on just one second here, I got it. . Welcome to the Coronation! but American gold holdings were reportedly last audited in 1953 (which includes testing for purity); Fort Knox's gold was . Since there are far too many gold bars to count at once, the audit is carried out piecemeal and only small samples are taken for assaying. The reports I did find, and are now publicly available, are: Coincidentally, or not, these reports are exactly the same ones as listed by Thorson at the congressional hearing in 2011 (exhibit 1, framed in red). The audit will be performed by a committee of auditors from the U.S. General Accounting Office (GAO) and the Department of the Treasury. By Patrick A. Heller. Talkers Medals, Military U.S. Government Gold Reserve Auditor Deceptions Try Army A-Z. CHARLOTTE, NC / ACCESSWIRE / May 26, 2021 / America's gold reserves would be audited for the first time in more than 60 years if a measure introduced yesterday by U. Revealed: The top 10 fastest-growing destinations for UK pensioners retiring overseas. Medals, Email & However, if that intruder had turned to the west he would have . GAO stands for General Accounting Office, OIG stands for Office of Inspector General. 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. Jansen found instances in which the Treasurys auditors failed to follow the governments own procedures for the auditing process. when was the last time fort knox was audited. Bureau of Government Financial Operations [BGFO]. & Sales Figures. Ron Paul (R-Texas) says his measure to audit the Federal Reserve, which passed the House last December, would force the first open audit of Ft. Knox in decades. Until 1953, there were serial number audits of the gold and some assaying as I explain but that became costly and time intensive. . 'So many dead. There Is Gold in Fort Knox | Newsmax.com However, in some instances, the rationale for moving gold from one compartment to another proved elusive. 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. Exhibit 1. New York man wears glasses that help him Isabel Oakeshott receives 'menacing' message from Matt Hancock, Ken Bruce: 'I always wanted to be a radio presenter from about 15', Pavement where disabled woman gestured at cyclist before fatal crash, Pro-Ukrainian drone lands on Russian spy planes exposing location, 'Buster is next!'
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