Let's think about this for a minute. There would have to be hundreds of average people involved. The guards at Fort Knox. The truck drivers. The dock workers. Yet none of them have come forward. Not even one has decided to come clean.
Conclusion: The gold is still at Fort Knox.
“Conclusion: The gold is still at Fort Knox.”
There is gold at the Fed in NYC as well.
Not if it was moved out in small shipments over decades and disguised as routine transfers.
I heard that people in Ft Knox who actually handle the gold can only work in those positions for a short time.
I never understood why but now see it would allow the gold to be stolen in pieces without any workers realizing the big picture that it is all gone. It is not held in one big room but in many small vaults.
It would also enable a system where a small amount of gold is continuously shuffled around to create the illusion that there is much more.
With some intelligence and time, it is possible to pull off.
They’ve had half a century to move it. Gold doesn’t take up a lot of space. A little here, a little there, some spray panted tungsten bars, some “stolen” trucks, some bureaucratic snafus & red tape & stonewalling, some procedure changes ... what gold?
The may be in Ft Knox - but how many parties own the same bar? (or lay claim to it?)
That is the question. ad just a few people could pull that off.
Just look at Jon Corzine and MF Global. The money (value) flowed out of there in to democrat re-election coffers. Customer accounts that were supposed to be backed with commodities and cash balances were actually worthless.
Don’t confuse a lock on the front door with security. All it takes is a sharp pencil to steal. (take social security for another example)