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Tuesday
Jun142011

Is Gold In Fort Knox Real? Ron Paul Demands Official Audit

Source - CNBC

Are the gold bars in Fort Knox really made of the precious metal? Or has the U.S. government secretly sold off the nation's stockpile and replaced it with metal bars that are only painted gold?

Ron Paul wants to find out.

Giving legitimacy to an Internet conspiracy theory that the gold in Fort Knox is fake, the iconoclast Republican congressman from Texas has asked adminstration officials to audit the purity of the nation's 700,000 gold bars held in Fort Knox, according to an internal Treasury document obtained by CNBC. Paul, a presidential candidate who chairs the House's subcommittee on Domestic Monetary Policy, had previously called for the U.S. gold reserve to be counted and for a return to the gold standard. He now appears to be going a step further in his request that representatives from the U.S. Treasury Department and the U.S. Mint testify at a subcommittee hearing on June 23 about the authenticity of the nation's gold.

As a postscript to the story, CNBC asked for a tour of Fort Knox to film the gold, since our only footage of Fort Knox is from 1974. An official at the Mint told us that not he was not aware that any member of Congress had toured the facility since that year. Fort Knox is "a closed facility," the official said.

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Reader Comments (6)

Ha, next you will be telling us man didn't ride dune buggies and hit golf balls on the moon.

The gold is there, I would bet Obama's birth documents on it.
Jun 14, 2011 at 5:00 PM | Unregistered CommenterPG the PT
Gold is about as useless as paper since nobody has any. Google "abolish money" and "Abolition of Work" by Bob Black.
Jun 14, 2011 at 6:33 PM | Unregistered CommenterAstraea
One 5.8 amp Bosch drill, 1-1/8" tungsten-carbide bit. You give me $20.00 for sandwiches and coffee and airfare and I'll do it. You can give me one bar if they are real. Treasury knows something we do not.
Jun 15, 2011 at 12:37 AM | Unregistered CommenterHoward T. Lewis III
When it comes to gold people will do some strange things to get hold of it.

Since the Fed came into existence illegally in 1913 the US has been in financial and economic slavery. With engineered booms and busts leading to ever higher debt which is only a part of the corruption. Bernanke may look and act like he has not got a clue, don't fall for it, he is so cunning if you stuck a tail on him you would call him a weasel, If I wanted to destroy a nation as rich as the US was I would do what he and his illustrious predecessors have done, bleed you dry until there is no more left and make sure you will never have the ability to do anything about it. Your politicians, judges, media, industry, police and military do not work for the people. They are there to control the people. It's the same to a lesser or greater degree in other western countries.
Jun 15, 2011 at 2:34 PM | Unregistered CommenterBob
The gold is there, I would bet Obama's birth documents on it.

All the gold is gone. What is there is "Thin Gold Plated" junk..........It started with the Clintons, and its gotten a whole lot worse after the world countrys got stuck with American Plated Bars, that look like gold, weigh like gold, but rub off if you spit shine it....

Our Peoples Gold, is no longer in our country. I wish I saved the link i found 3 years ago about our gold..............?
Jun 16, 2011 at 9:14 PM | Unregistered CommenterTexas Dar
I heard aout that and saw something about that on pbs about 30 or 40 years ago it happened about the time yhe u s left the gold standard and became a reserve currency.the jew just tried to blackmail th u s to stay out of jail
Jun 17, 2011 at 10:07 AM | Unregistered Commenteryes sir

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