That gold gradually disappeared until President Nixon refused to exchange dollars for gold in 1971. Officially in 2020, 147,000,000 ounces of gold remain inside those locked vaults.
Fort Knox gold has not been audited since the 1950s. Supposed audits since then have been… unsatisfactory. Don’t ask, don’t tell works in the military, in COVID-19 testing, and with Fort Knox gold.
Legends about gold include:
- Yamashita’s gold
- The Seven Cities of Gold
- Grand Canyon Gold
- King Solomon’s Mines
- Buffet’s “Bury It” story
- The Fed’s “Traditional Asset” dismissal
- Fort Knox still contains 147 million ounces of gold
WE DON’T KNOW THE TRUTH ABOUT THE QUANTITY OF GOLD THAT REMAINS VAULTED IN FORT KNOX!
The Better Question is: Does it matter?
The gold exists, is partially gone, or is missing. But there is nothing to be gained by a Treasury Audit. They support the narrative and don’t tell.
Besides, 147 million ounces is “only” worth (2020) $250 billion dollars. Congress just passed (but did not read) a stimulus bill worth over $2 trillion, eight times the supposed value of Fort Knox Gold. Wow!
Congress authorized $250 billion in checks and direct deposits for Americans during the COVID-19 shutdown. That “help” was the equivalent of Fort Knox gold.
Because Congress is tossing around $trillions, does $250 billion in Fort Knox gold matter?
The Fed has quickly increased its balance sheet by over $2 trillion, eight Fort Knox Gold Units. Is Fort Knox gold important?
U.S. official national debt passed $24 trillion. Projections from many analysts suggest this year’s deficit will be $3 – $4 trillion. If congress passes another $2 trillion stimulus package, the increase in national debt for 2020 could be $5 – $6 trillion.
Assume the official national debt jumps by $5 trillion in 2020. That is twenty Fort Knox gold units for this year.
Is Fort Knox gold important when the official national debt will soon reach $30 trillion, over 100 times the national treasure supposedly vaulted in Fort Knox?
- Source, Silver Bear Cafe
