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Audit fails to find missing gold
BBC ^
| July 1, 2009
| staff reporter
Posted on 07/01/2009 4:51:12 AM PDT by Daffynition
An external audit of the Royal Canadian Mint (RCM) has failed to find millions of dollars' worth of "missing" gold.
Auditors Deloitte were asked in May to investigate a discrepancy between the amount of precious metals on the mint's inventory and in its actual stockpile.
Deloitte concluded that the unaccounted for difference "does not appear to be an accounting error" and identified security as an area for consideration.
The RCM said it was not yet clear whether any gold was actually missing.
"All customer holdings and metal deposits entrusted with the Royal Canadian Mint are secure and have been fully accounted for," it said in a statement.
The RCM provides storage for RCM-branded precious metals, as well as producing coins for Canada and dozens of other countries.
Criminal activity?
Deloitte found that there was a difference of approximately 17,500 troy ounces of gold, or 0.32% of the mint's production in the 2008 fiscal year, that was unaccounted for.
[snip]
(Excerpt) Read more at news.bbc.co.uk ...
TOPICS: Miscellaneous
KEYWORDS: bahog; canada; gold; mint
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Big oops.
To: Daffynition
Look for the janitor with the Bentley.
2
posted on
07/01/2009 5:00:58 AM PDT
by
Leisler
("It is terrible to contemplate how few politicians are hanged."~G.K. Chesterton)
To: Daffynition
I’ve seen internet images of this “missing” gold and it is most probably fake.
3
posted on
07/01/2009 5:06:03 AM PDT
by
Roccus
(The Capitol, the White House, the Court House...........America's Axis of Evil)
To: Daffynition
Millions in gold missing, $160 billion in *fake*?? US bonds confiscated by Italian authorties, $6.4 trillion in Americans personal wealth gone.
Anyone suspect thieves at work?
And Sleep!
4
posted on
07/01/2009 5:07:20 AM PDT
by
wolfcreek
(KMTEXASA!)
To: Daffynition
I wonder when the last inventory of the Depository at Fort Knox was conducted? NOT saying that there is ANY problem but oversight is always needed.
5
posted on
07/01/2009 5:08:17 AM PDT
by
SES1066
(Cycling to conserve, Conservative to save, Saving to Retire, will Retire to Cycle.)
To: SES1066
Last audit was in the 50’s.
6
posted on
07/01/2009 5:10:31 AM PDT
by
taxtruth
To: taxtruth
Last audit was in the 50’s. WHAT?!?! You mean after all of that location work for "Goldfinger" they didn't even audit then? SHOCKING!
Chuckle, you wouldn't believe the number of people who think that the interior shots for that movie are real! Not so much now being that the movie is now almost an antique but still - willful suspension of disbelief, just like all those optimistic voters last November!
7
posted on
07/01/2009 5:20:26 AM PDT
by
SES1066
(Cycling to conserve, Conservative to save, Saving to Retire, will Retire to Cycle.)
To: SES1066
I recently heard Ron Paul talking about it.
8
posted on
07/01/2009 5:24:20 AM PDT
by
taxtruth
To: Daffynition
I'd look for a guy in a top hat with a handlebar mustache, probably carrying a sack with a dollar sign on it, and possibly engaged in tying a girl to some train tracks.
9
posted on
07/01/2009 5:42:45 AM PDT
by
Costumed Vigilante
(Congress: When a handful of evil morons just isn't enough)
To: SES1066
There’s a rumor there isn’t any gold and that Fort Knox is just the cover.
10
posted on
07/01/2009 6:07:09 AM PDT
by
bgill
(The evidence simply does not support the official position of the Obama administration)
To: Daffynition
11
posted on
07/01/2009 6:40:46 AM PDT
by
JoeProBono
(A closed mouth gathers no feet)
To: Leisler
Sign of the times ...Wealthy people coming to a flea market in their convertible Bentley and selling their stuff...
12
posted on
07/01/2009 7:22:49 AM PDT
by
Daffynition
("If any of you die, can I please have your ammo?" ~ Gator113)
To: Roccus
Was it attached to a Nigerian letter? ;)
13
posted on
07/01/2009 7:23:57 AM PDT
by
Daffynition
("If any of you die, can I please have your ammo?" ~ Gator113)
To: wolfcreek
How about the mob? It is way too big of a heist ...I share your suspicions that it is an interesting coincidence.
ZZZZZZZZZZZZZzzzzzzzzzzzzzzzz ... gotta get ready for the big funeral. Youbetcha.
14
posted on
07/01/2009 7:26:04 AM PDT
by
Daffynition
("If any of you die, can I please have your ammo?" ~ Gator113)
To: SES1066
What's wrong with you? Nothing could be wrong ...it's Fort Knox for heavens sake! ///sarc
15
posted on
07/01/2009 7:28:04 AM PDT
by
Daffynition
("If any of you die, can I please have your ammo?" ~ Gator113)
To: Costumed Vigilante
16
posted on
07/01/2009 7:28:46 AM PDT
by
Daffynition
("If any of you die, can I please have your ammo?" ~ Gator113)
To: martin_fierro; Tijeras_Slim; Petronski; dighton; aculeus
Deloitte found that there was a difference of approximately 17,500 troy ounces of gold, or 0.32% of the mint's production in the 2008 fiscal year, that was unaccounted for.That is certainly a BAHOG.
To: JoeProBono
Operation Grand Slam
18
posted on
07/01/2009 7:31:39 AM PDT
by
Daffynition
("If any of you die, can I please have your ammo?" ~ Gator113)
To: Daffynition
"All customer holdings and metal deposits entrusted with the Royal Canadian Mint are secure and have been fully accounted for,"Trust us. Move along please.
19
posted on
07/01/2009 8:33:53 AM PDT
by
Oatka
("A society of sheep must in time beget a government of wolves." –Bertrand de Jouvenel)
To: Daffynition; Clive; exg; kanawa; backhoe; -YYZ-; Former Proud Canadian; Squawk 8888; ...
Someone is having a Happy Canada Day. ;-)
20
posted on
07/01/2009 8:39:23 AM PDT
by
fanfan
(Why did they bury Barry's past?)
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