Posted on 11/21/2025 6:45:23 AM PST by delta7
S.3218 - A bill to provide for the first credible audit of gold owned by the United States in decades, to upgrade the purity of gold to meet global market standards, and to conduct subsequent audits every 5 years.
Summary: S.3218 — 119th Congress (2025-2026)
Those in the field state a full audit can take 18 months.....President Trump had better make good on his promise, he is running out of time. Something is beginning to stink.
“As of 11/21/2025 text has not been received for S.3218 - A bill to provide for the first credible audit of gold owned by the United States in decades, to upgrade the purity of gold to meet global market standards, and to conduct subsequent audits every 5 years.”
No information information. *sigh*
They can’t offer gold back financial products until they can validate what is there. Trump reportedly told Judy Shelton he plans to issue 50-year gold-backed Treasury bonds on July 4, 2026, the 250th anniversary of the U.S.
Bars can be counted in less than 18 months....allegedly 8300 tons...assume standard 400 ounce (25 pound) bars, that would be 664,000 bars. Spread over many vaults one would presume. Getting a small team in each vault could count ‘em up. That would be a good start for a basic audit. Now weighing each bar to verify 400 ounces of course would take much more time. Testing for purity would take years, even if only 1% of bars (6,640) were tested.
Anyway......none of this is going to happen...
HAND THE JOB TO DOGE.
The only reason to “upgrade the purity” would be in order to sell it. That’s disturbing, in that sense.
Recall when Obie was shipping pallets of cash to the Iranian mullahs? Part of the so-called “deal”. What wasn’t reported widely at the time. They didn’t want US dollars (understandable) they wanted Swiss francs, and Euros.
And gold bullion. Where did he get the pallets of gold bars, one wonders?
It should be not much trouble or development to apply the same computerized principles to running gold bars over similar devices to detect weight, purity, etc.
I believe this machinery could be developed in a very short time.
I just wonder why Trump no longer addresses this. I would think that any President, especially Trump, would want to go actually see the gold and have the gold audited.
Like Al Capone’s vault?
Maybe he got told. “Looks, it’s all gone, and if you announce it, it’ll crash our economy and most of the world’s economies at the same time”.
I always imagine the first day when a President takes office, he learns things, and goes, “Holy S___, I had no idea!”
What Gold?
The Deep State will squash that fast.
I think I read somewhere that the government has Dominion working on just such a modification on some of their machines.
The people who insist that “the gold is all there” and the people who insist that “the gold is missing” have one thing in common:
They don’t know WTF they’re talking about.
Neither group has been inside the Ft. Knox gold depository ...
Still waiting on that Fort Knox inspection.
Precisely.
Knowledge replaces fear.
I’d still like to see a good inspection and audit.
The gold belongs to We the People; we have a right to know how much is in there, and that our public servants are keeping proper custody of it.
Nothing, however, will ever satisfy the conspiracy theorists.
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