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Trump admin discussing auditing Fort Knox gold reserves

Posted on 2/16/25 at 7:28 am
Posted by joe8 7
Thibodaux, LA
Member since Nov 2005
819 posts
Posted on 2/16/25 at 7:28 am
Posted by umrebel2009
Member since Feb 2010
8281 posts
Posted on 2/16/25 at 7:32 am to
Should be a quick audit
Posted by texas tortilla
houston
Member since Dec 2015
3989 posts
Posted on 2/16/25 at 7:34 am to
even if they do audit fort knox, the audit results will never be released. if it was revealed there was no gold there, it would bring the system down.
Posted by UncleFestersLegs
Member since Nov 2010
16312 posts
Posted on 2/16/25 at 7:37 am to
Posted by UptownJoeBrown
Baton Rouge
Member since Jul 2024
6882 posts
Posted on 2/16/25 at 7:54 am to
This is why they don’t want an audit of Fort Knox. It’s filled with stacks of this:
Posted by BozemanTiger
Member since Jul 2020
4519 posts
Posted on 2/16/25 at 7:57 am to
So what?

Gold is gold.
Posted by UptownJoeBrown
Baton Rouge
Member since Jul 2024
6882 posts
Posted on 2/16/25 at 8:02 am to
quote:

So what? Gold is gold.


The Germans would ask for it back.
Posted by deltaland
Member since Mar 2011
100214 posts
Posted on 2/16/25 at 8:06 am to
quote:

The Germans would ask for it back.


Why wouldn’t we have melted it down and made a new bar with a different stamp
Posted by umrebel2009
Member since Feb 2010
8281 posts
Posted on 2/16/25 at 8:11 am to
"give us our nazi gold back pls"

i would assume any Nazi gold is just melted down artifacts they stole from someone else
Posted by Nosevens
Member since Apr 2019
17009 posts
Posted on 2/16/25 at 8:16 am to
So Jewish jewelry and fillings ? I don’t see why Germans have claims
Posted by imjustafatkid
Alabama
Member since Dec 2011
62358 posts
Posted on 2/16/25 at 8:18 am to
quote:

even if they do audit fort knox, the audit results will never be released. if it was revealed there was no gold there, it would bring the system down.


Yeah, because they've been so very hush hush with everything they've found so far.
Posted by joe8 7
Thibodaux, LA
Member since Nov 2005
819 posts
Posted on 2/16/25 at 8:26 am to
Posted by UptownJoeBrown
Baton Rouge
Member since Jul 2024
6882 posts
Posted on 2/16/25 at 8:28 am to
quote:

Why wouldn’t we have melted it down and made a new bar with a different stamp


They didn’t have time. They just hurried up and stacked it in a section and shut the door.
Posted by UptownJoeBrown
Baton Rouge
Member since Jul 2024
6882 posts
Posted on 2/16/25 at 8:29 am to
quote:

i would assume any Nazi gold is just melted down artifacts they stole from someone else


Germans would say prove it.
Posted by The Torch
DFW The Dub
Member since Aug 2014
27415 posts
Posted on 2/16/25 at 8:30 am to
It will probably look like Al Capone's vault when Geraldo opened it.
Posted by UptownJoeBrown
Baton Rouge
Member since Jul 2024
6882 posts
Posted on 2/16/25 at 8:30 am to
quote:

So Jewish jewelry and fillings ? I don’t see why Germans have claims


Germans would say prove it.

The Nazis were in power years before WW2. This was government gold from then they would say.
Posted by Y.A. Tittle
Member since Sep 2003
109487 posts
Posted on 2/16/25 at 8:32 am to
quote:

even if they do audit fort knox, the audit results will never be released. if it was revealed there was no gold there, it would bring the system down.


Is there anything really economically hinging at this point on the assumption that there is some certain amount of gold sitting at Fort Knox?
Posted by Bass Tiger
Member since Oct 2014
53599 posts
Posted on 2/16/25 at 8:32 am to
Gold is nearing $3k/oz......it's likely going well above $3k if there's an audit of US gold reserves.

I did see where central banks around the globe have purchased nearly 3000 metric tons of gold since 2021 which is 5x their usual gold purchases, looks like central banks are hedging.
Posted by Hangit
The Green Swamp
Member since Aug 2014
45250 posts
Posted on 2/16/25 at 8:32 am to
<-----Yuge fan of getting back to a gold/silver backed currency.
Posted by Nosevens
Member since Apr 2019
17009 posts
Posted on 2/16/25 at 8:52 am to
Seems like that burden would be for them to provide it is theirs. Germans were the group that stole all they could in treasures of any kind
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