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. Shipping within the United States The only audit that has ever been done of the gold inside Ft Knox was done days after Dwight Eisenhower became President in January of 1953. for Dads, American Women's History Coins & On the way to the vault, a literal mine field and an electric fence protectthe gold. I did read one time that the queen of England a. Experts weigh in as tremors hit Wales, Cornwall and the Are YOU eating the right colours? Jun 5th, 2022 . This is remarkable. For your information, we contacted a librarian at the Treasury Department who informed us that reports from Committee for Continuing Audit of the U.S. In addition, the committee will include technicians from the Bureau of the Mint who are trained in assaying and weighing gold bullion. All the benefits of simply switching from white to brown - AND how purple, Will El Salvador's new mega-prison turn into a bloodbath? random nose bleed covid. Exhibit 7.1. The assayer is unknown and there was no assay report included in the audit report. Ideas, Gifts for The Counsel to the Inspector General Department of the Treasury told me his department only had 4 of the 13 reports I was looking for. Here is a rundown of some of Kooss key findings. Approximately half the U.S. Treasury's gold is located in the storage facility at Fort Knox *Its likely 97 % of the audited gold by the continuing audits committee has not been assayed by an independent assayer. The views expressed in the contents above are those of our users and do not necessarily reflect the views of MailOnline. The gold stored in these compartments would get moved around if samples were taken for assaying during the audit. With regardto my quest for all reports, lets have a look what US government departments could not deliver whatI was looking for: First was the Counsel to the Inspector General Department of the Treasury. Kate and Prince William 'are keen' for Prince George to have official role in King Charles' coronation - but Royally hard work! In 2011, the U.S. Treasury's full detailed schedules of gold bars were published by the US House Committee on Financial Services as part of submissions for its hearing titled "Investigating the Gol. The BGFO and Mint staff was replaced by the OIG and the revised audit procedures were invented as a reason to open several compartments. The US government wished to open the vaults of audited gold to lease or sell the metal on the open market. More from the 1985 report: The audit procedures followed [at the FRBNY] were essentially the same as those followed at Mint institutions except that assay samples were not taken to verify the purity of the gold and the audited gold was not under committee control after the audit. The audits were conducted in accordance with the revised audit guidelines that required a statistical sample of gold melts within randomly selected compartments at the facilities. Official joint seal number 932 put in place on September 2, 1982, under the continuing audits of U.S.-owned goldstored at the Mint. Gold verification at Fort Knox March 1998, page 1. Next was the GAO; unfortunately they couldnt deliver anything I was looking for. No outside experts were allowed on the site for the audit, either,providingfodder for all kinds of conspiracy theorists. Others claim the goldis actually justtungsten bricks painted to look like the precious metal. 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). "We have approximately $200 billion of gold at Fort Knox," said Mnuchin. 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. Did The Dutch Central Bank Lie About Its Gold Bar List? No irregularities were found. Great! Determined to uncover more about the bullion stockpile, BullionStars Koos Jansen submitted a number of Freedom of Information Act (FOIA) requests to the U.S. Mint. All News, Articles, Commentary and Opinions are contributed by the author(s), with or without compensation, who are solely responsible for the content, and do not represent CoinWeek Management. 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 . United States Mint All Rights Reserved. He also mentioned that despite this being the first visit by a group of politicians and journalists to Fort Knox since 1974 - he was the first serving Treasury Secretary to visit since 1948. Liberty, Bush 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. Meanwhile I was fortunate to find the 1981 audit report at the website The Golden Sextant fromReg Howe. Of course,strange things have been stored in the vault, like morphine and opiumduring the early '90s. 211 votes, 25 comments. 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 US Treasury currently owns 8,134 tonnes of gold of which 7,716 tonnes is stored by the US Mint (4,583 tonnes at Fort Knox, 1,364 tonnes in Denver, 1,682 at West Point) and 418 tonnes at the Federal Reserve Bank Of New York. The Fort Knox Gold was last audited in the 1950s. Monetary Gold Stock of the United States "Dear US Mint, We Gave You The FOIA Funds, Now Give Us The Fort Knox Audit Documents!", November 2016 "US Mint Releases New Fort Knox "Audit Documentation". Conclusion. And the last time it was counted was actually in 1953." A waiting list may be . By Everett Millman Gainesville Coins . Paul, a longtime critic of the Federal Reserve and U.S. monetary policy, said he believes it's "a possibility" that there might not actually be any gold in the vaults of Fort Knox or the New York Federal Reserve bank. . In October 1984, 4,136,046.924 fine troy ounces of gold were reaudited at the United States Mint, Denver. $800 weekly hand count free roll. It seems these 6 reports (5 documents) are the only ones currently in existence and the remaining 7 have mysteriously disappeared. Two tetrahedron-shaped chips were removed form the top and bottom of each bar assayed. Talkers Medals, Military 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). 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. There was no assay report included in the audit report. Despite the fact that a 1953 Fort Knox audit found that 1977% of bullion tested was out of , in 2, we went to 1998% verified ingots. Site, Coin I personally believe that rumor and the bulk of it has been sold off to the rich elites. During fiscal year 1986, gold was audited at the West Point Bullion Depository, and the San Francisco Old Mint under the initial continuing audit program. 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. By Jennifer Liberto @ CNNMoney June 24, 2011: 11:58 AM ET. Presidential Coins, Kennedy Half Alaska, USA . Official Joint Seal inspection records from Fort Knox, June 1998 (courtesy of Koos Jansen through Freedom of Information Act). 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. 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. By Patrick A. Heller. Mint Medals, Shop All Paper Did audit reveal missing gold . The Mint and the GAO were sanctioned to audit a portion of the Treasury's gold. Find out what Uber drivers really think of you! Because there remains so little information about the contents of the gold vault, a lot of theories crop upregarding what's really inside Fort Knox. President Reagan last spring demanding that this be looked into immediately. . (in millions of ounces), SIGN UP FOR EMAIL UPDATES AND TEXT MESSAGE ALERTS ABOUT PRODUCTS. No photographs were allowed, of course. 213K subscribers in the Wallstreetsilver community. Fort Knox history. Exhibit 2. You can change the usage of cookies in your browser. ( Kitco News) - Although he made this assumption nearly one year ago, the Donald's comments on gold at Fort Knox - or lack thereof - are making the rounds on Twitter again Tuesday. Fort Knox is in Romeo (R) time. Text Alerts, Contact Many conspiracy theorists - like the Gold Anti-Trust Action Committee (GATA)- believe the gold doesn't really exist, there isn't as much as the government claims, or the government has sold it off for years. Try Army A-Z . I doubt an attempt to submitting a FOIA request directly to the Treasury Department will bring me anything; likely it will be a waste of time as I had already contacted all possible government departments separately, which could not deliver me the reports I was looking for despite none of them was unwilling to help me. As weve seen thus far there are many problems with the official story everything is fine, all the US official gold reserves all audited. Instead, I was advised to contact the Treasury. The One "Audit" Of Fort Knox. There has not been any movement of inventoried gold since that time. The gold at Fort Knox is stored in one of the most secure facilities in the world. Fort Knox is used to store a large portion of United States official gold reserves and occasionally other precious . Fort Knox, Kentucky is an Army base with more than one hundred thousand acres stretching across three counties. It seems that a portion of the Mint and the U.S. gold reserves were audited in an assay between 1993 and 2008, as you acknowledged. Company Registration No. 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. Part One, all golden coins that circulated in the US before 1933 could not have supplied the US official gold reserves to the extent Mr Moy has stated. 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. And the problem goes far beyond missing audit reports. Daily free rolls! Jansen is a longtime gold insider and journalist reporting on, for example, the goings-on of the incipient Shanghai Gold Exchange (SGE). Theoretically, if the seal hasnt been tampered with, this is as good as verifying the metals themselves. These CDCs offer full-day care, part-day, and hourly care. . What his dogged FOIA requests have failed to reveal, unfortunately, is anything that would put the questions about the Fort Knox gold to rest. However, there has been considerable doubt over the years as to whether the depository actually held any gold. Bevin, who said he collected coins as a child, compared it to 'seeing a leprechaun on a unicorn. U.S. President Franklin D. Roosevelt passed legislation outlawing private ownership of gold, and gave instruction to build the depository at . The U.S. gold reserves at Fort Knox are broken into different numbered compartments within the gold vault. The audit will be performed by a committee of auditors from the U.S. General Accounting Office (GAO) and the Department of the Treasury. However, how trustworthy is this system of accounting? The assay tests found no irregularities. This post is a sequel to A First Glance At US Official Gold Reserves Audits and Second Thoughts On US Official Gold Reserves Audits. The next screen shot is from the reply by the FOIA help desk on May 6, 2015. ', 'I assume the gold is still there,' he said. fort knox crisis phone numbers. Kinross - Fort Knox Mine April 22nd, 2021 Signature of Lead Auditor Page 2 of 47 . Contact Us. Your request was received in this office on March 3, 2015 and assigned FOIA case number RD 45578. The other two-thirds, however, have not been inventoriedthat is according to my understandingor assayed since somewhere between 1975 and 1986. Single mother faces 170 parking fine after overstaying at McDonald's for just 14 minutes while she treated Man had sex with his wife on bollard in protest after it had been erected by neighbour to stop him parking What will the next pandemic be? By the end of 1982 the continuing audits committee, which consisted of BGFO and US Mint staff, was reorganized under the Department of the Treasury, Office of the Inspector General. Military/Civilian clock Examples of Civilian/Military time conversion. in 2004 the assayer was Ledoux & Company, a private contractor (read their homepage). Then let's raise a glass to a slower, quieter 2022 . These could be better understood, or clarified, if we could obtain all audit reports from 1974 1986. The Facebook predator who lured schoolgirls to run away with him is one of 7,000 sex fiends who offended Do not sell or share my personal information. We will discuss the remaining 4 audit reports at once, as they are very similar. 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. Several more examples of these blurry situations are shown in the released documents. Fort Knox is home to more than 30 commands and organizations with a daytime population of about 26,260 Soldiers, civilian employees and Family members. It was also the first visit by a serving US Treasury Secretary since 1948. He attempted to pinpoint how the Treasury Department verifies that the gold in its vault is both present and real. 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. U.S. Treasury Secretary Steven Mnuchin initiated the visit, along with U.S. Rep. Brett Guthrie and Gov. This document also contains a summary of the 1980 audit which, by the way, isnt less detailed than the full 1981 report. eonon change home screen. However, as Ive written in my post Where Did The Gold In Fort Knox Come From? ', 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, While primarily known as a vault for gold, the depository also held the Declaration of Independence and the U.S. Constitution during World War II.
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