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How much gold is in Fort Knox and who owns it?
bvw | 29 March 2009 | bvw

Posted on 03/29/2009 11:07:39 AM PDT by bvw

Sorry, not taking Wikipedia as a source. Nor are spurious "conspiracy theory" comments welcomed. It's an honest question.

Answers should cite primary sources and such primary sources should cite date and type of audit. I also expand this question to include all US stores, where the gold is owned by the US.

Answers must distinguish between "holding" and "ownership", the question is to ownership!

I note that a great failing of our times is that people do not know how to keep books anymore, and even less how to audit. Too many make assumptions, or give a cheap pass to references that are poor, weak, secondary, misread, and often false in detail, as sources.


TOPICS: Education; History; Society
KEYWORDS: bahog; fortknox; gold; goldbug; nixon; richardmilhousnixon; richardnixon
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i would like to see an actual audit myself...i dont trust the history channel on most of the crap they show on there....


41 posted on 03/29/2009 11:52:04 AM PDT by raygunfan
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To: bvw

Are you all aware that we can now make gold out of lead, as the alchemits struggled for centuries to do? Takes a nuclear reaction, tho, and thus far has not been cost-effective.


42 posted on 03/29/2009 11:52:04 AM PDT by 2harddrive (...House a TOTAL Loss.....)
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To: bvw
i recently bought a great deal of WW1 ammo (not for ammo purposes). I surprised at how good of condition it was in. Corrosive primers but it shot just fine.
43 posted on 03/29/2009 11:55:11 AM PDT by mad_as_he$$ (Nemo me impune lacessit)
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To: bvw

In short order, I think there will be countries who revert to the gold standard to escape the horror and anxiety of a floating currency. there will be a return to the tried and true historical basis for wealth.

Will America join the club? Don’t know. It will take years to make the decision.


44 posted on 03/29/2009 11:56:20 AM PDT by bert (K.E. N.P. +12 . John Galt hell !...... where is Francisco dÂ’Anconia)
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To: mad_as_he$$

Well, that’s interesting. Still, the powder would be undergoing chemical reaction even at a low rate. How many didn’t go off, or were squid rounds? Anyway that’s off-topic!


45 posted on 03/29/2009 12:00:23 PM PDT by bvw
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To: 2harddrive

The “value” of gold is and always has been a constant!

How’s that statement teach ?


46 posted on 03/29/2009 12:00:41 PM PDT by Jeffrey_D.
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To: bert

Personally, I don’t think so. Mostly because it’s such a specious way for wealth creation - instead of creating products with ideas, or farming the land, you can go dig it out of the ground and your wealth grows. Sure we do it now, but the gold is counting in terms of dollars.


47 posted on 03/29/2009 12:00:58 PM PDT by cetarist
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To: bvw
All we tried (about 400) went off. The rest went for scrap at a handsome profit.
48 posted on 03/29/2009 12:01:39 PM PDT by mad_as_he$$ (Nemo me impune lacessit)
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To: bvw

How much gold is in Fort Knox and who owns it?

Not much.
Not you.


49 posted on 03/29/2009 12:01:57 PM PDT by djf (If Congress was a business, they'd all be in jail by now...)
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To: bvw

oops!

To: 2harddrive

The “value” of gold is and always has been a constant!

How’s that statement teach ?


50 posted on 03/29/2009 12:02:32 PM PDT by Jeffrey_D.
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To: bvw

Go without grub for five days or so, and you’d eat a bug.

And LIKE it!!


51 posted on 03/29/2009 12:03:51 PM PDT by djf (If Congress was a business, they'd all be in jail by now...)
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To: mad_as_he$$

Proper cleaning negates the primer issue. I have 45 acp and 9mm from just about every era including modern manufacture. I don’t own modern round hand weapons like 10mm or 40cal, sources too limited. I reload, 357 mag and 44 mag and all my 12 gauge shotgun and my centerfire rifle rounds, for 30-06 and 270. I have more 22 LR rimfire than I have space. All told I do not own a gun without at least 1000 rounds. Most are more like 2000 and the 22 LR is like 5000+.


52 posted on 03/29/2009 12:13:02 PM PDT by Conspiracy Guy (I voted Republican because no Conservatives were running.)
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To: bvw

How much gold is in Fort Knox and who owns it? Enough and TOTUS plans to own it all as soon as the coup is complete and he is ruler of the world.


53 posted on 03/29/2009 12:20:14 PM PDT by mojitojoe ( Idiots elected a Marxist ideologue with narcissistic personality disorder & America is dying.)
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To: Perdogg
"She's dead, Jim."
Yep it works here too!

God rest your bones, Dr. McCoy aka Deforest Kelley!

54 posted on 03/29/2009 12:32:40 PM PDT by SES1066 (Cycling to conserve, Conservative to save, Saving to Retire, will Retire to Cycle.)
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To: Jeffrey_D.

LOL....too deep for me! I think he means it is not subject to value loss like paper currencies are.


55 posted on 03/29/2009 12:40:32 PM PDT by 2harddrive (...House a TOTAL Loss.....)
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To: Conspiracy Guy
Yes, we used the hot water an soap method works well.
56 posted on 03/29/2009 12:44:21 PM PDT by mad_as_he$$ (Nemo me impune lacessit)
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To: BuffaloJack
Agree on the corrosion aspect. In my business of importing & distributing very high-end audio components, high purity silver connectors and silver wire is always used for the highest quality of sound due to silver having the highest conductivity of all metals.

Copper is second best in conductivity. Gold, with its' even lower conductivity, has a less transparent sound with poorer resolution of low level details compared to silver products.

57 posted on 03/29/2009 12:51:26 PM PDT by newfreep ("Liberalism is just Communism sold by the drink." - P.J. O'Rourke)
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To: Conspiracy Guy

“Irving Belin was a pretty good conductor.”

Man you must have taken a double dose of your funny pills this morning!

Mel


58 posted on 03/29/2009 12:52:26 PM PDT by melsec (A Proud Aussie)
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To: djf

I have heard that all of the gold in California is in the middle of a bank in Beverly Hills.


59 posted on 03/29/2009 1:00:24 PM PDT by nufsed (Release the birth certificate, passport and school records.)
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To: bvw; TigerLikesRooster; rabscuttle385; dennisw

Gold ping


60 posted on 03/29/2009 1:12:25 PM PDT by Travis McGee (www.EnemiesForeignAndDomestic.com)
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