Well, at least that one detail can be ‘cleared up’! Who is Ryk? Did you write or edit the article? Or do you just know that that event did take place in 1971?
I’ve read that there is speculation that LBJ sold all the gold in the 1960s in an effort to keep the price down. Maybe the recent gold price run up is from the US buying gold to refill Fort Knox.
For some odd reason I feel like if it's not there, they don't even care to refill it either, just to keep the lack of it hidden. Our government has this bad habit of not caring what the citizens think about its misdeeds.
“representatives like Rand Paul and others have been advocating for an audit of the Federal Reserve but haven’t been able to audit Fort Knox or the Fed for more than ten years.”
10 years hmmmmmm?????
About O’Bumma’s time —. I’m DEAD CERTAIN he would NOT have wanted ANYONE peeking in that vault!!!
There hasn't been a proper audit since 1974. The 10 years ago thing was them just "peeking in" to see that there's some gold, it was for show as Rand Paul said. Point being, this is not an "Obama thing", but a problem since 1974, much deeper and older than Obama's involvement.
What is WRONG with CONGRESS!!??!!?? Please explain - with details - why a member of Congress (a Senator, no less…) cannot perform a formal audit of a government facility such as Fort Knox!! Whose in charge?? Who gets to say “NO” to the audit?? Let’s see some names!! Are these unelected bureaucrats?? How is it that all the WASTE being identified now by DOGE hasn’t been identified or investigated by CONGRESS all these years!!??!!??
As of 1964 the gold was still secured in Fort Knox. I know this because it was there for all the world to see in Goldfinger. As a 14 year old boy I was relieved when James Bond and the U.S. Army foiled a CCP plot to set off an atomic bond inside the bullion depository and irradiate the gold, rendering it worthless. Seven years later Nixon rejected the Bretton Woods agreement, rendering the gold useless. Bond almost died for nothing.
There should be all the gold, stamped with the Royal seal, paid by the UK govt for the weaponry, etc, sold to them, in WWII and it was a lot!
There should also be 450,000 gold plated tungsten bars, which the Administration tried, unsuccessfully, to palm off on China (but were caught out 😂) to repay the loan US took out, in 2008, to drag themselves out of the worldwide recession.
Partially right. FDR temporarily suspended private citizens from trading gold in 1933. Nixon eliminated the dollars convertibility to gold, effectively eliminating the gold standard in 1971
What else will be uncovered by this administration? It is about time that someone is looking into all of this!!!
Nixon was not President in 1961. Eisenhower was for 3 weeks, then JFK.
Typo, 1971.
Well, at least that one detail can be ‘cleared up’! Who is Ryk? Did you write or edit the article? Or do you just know that that event did take place in 1971?
Pretty easy search - https://www.stlouisfed.org/open-vault/2017/november/why-us-no-longer-follows-gold-standard
Thanks Sen. Paul. We have to know our real history, right? I’d guess we’ve been plundered, but let’s see it face to face.
I’ve read that there is speculation that LBJ sold all the gold in the 1960s in an effort to keep the price down. Maybe the recent gold price run up is from the US buying gold to refill Fort Knox.
For some odd reason I feel like if it's not there, they don't even care to refill it either, just to keep the lack of it hidden. Our government has this bad habit of not caring what the citizens think about its misdeeds.
“representatives like Rand Paul and others have been advocating for an audit of the Federal Reserve but haven’t been able to audit Fort Knox or the Fed for more than ten years.”
10 years hmmmmmm?????
About O’Bumma’s time —. I’m DEAD CERTAIN he would NOT have wanted ANYONE peeking in that vault!!!
There hasn't been a proper audit since 1974. The 10 years ago thing was them just "peeking in" to see that there's some gold, it was for show as Rand Paul said. Point being, this is not an "Obama thing", but a problem since 1974, much deeper and older than Obama's involvement.
Exactly 💯 %
This is not only scary but down right awful. Meaning what we think we own we don’t.
Let D.O.G.E. in! "Trust but Verify"?
What is WRONG with CONGRESS!!??!!?? Please explain - with details - why a member of Congress (a Senator, no less…) cannot perform a formal audit of a government facility such as Fort Knox!! Whose in charge?? Who gets to say “NO” to the audit?? Let’s see some names!! Are these unelected bureaucrats?? How is it that all the WASTE being identified now by DOGE hasn’t been identified or investigated by CONGRESS all these years!!??!!??
Congress is a HUGE part of the problem!!
As of 1964 the gold was still secured in Fort Knox. I know this because it was there for all the world to see in Goldfinger. As a 14 year old boy I was relieved when James Bond and the U.S. Army foiled a CCP plot to set off an atomic bond inside the bullion depository and irradiate the gold, rendering it worthless. Seven years later Nixon rejected the Bretton Woods agreement, rendering the gold useless. Bond almost died for nothing.
There should be all the gold, stamped with the Royal seal, paid by the UK govt for the weaponry, etc, sold to them, in WWII and it was a lot!
There should also be 450,000 gold plated tungsten bars, which the Administration tried, unsuccessfully, to palm off on China (but were caught out 😂) to repay the loan US took out, in 2008, to drag themselves out of the worldwide recession.
I’m a believer along with you!! It’s all smoke and mirrors!!!
Ha I remember that audit in 71. It was partially televised.
How is it that members of CONGRESS literally “can’t “ perform
FDR took the U.S. off the gold standard in 1933. You need to get your facts straight.
Partially right. FDR temporarily suspended private citizens from trading gold in 1933. Nixon eliminated the dollars convertibility to gold, effectively eliminating the gold standard in 1971
It’s time
Why is the question still being asked??