Sunday, January 5, 2014

Ron Paul and Chris Powell worry is that the gold reserve has been used to help financial institutio

Is there any gold in Fort Knox? - DN.SE
Fort Knox, located south of Louisville in Kentucky, built in 1937, will be one of the safest buildings. Its bunker-like appearance almost screams out that this should no be able to enter. The building itself stands inside a U.S. military base (founded by Henry Knox, 1918) and guarded day and night by army units equipped with tanks, artillery and helicopters välbestyckade.
Inside the vault kept some of the West's most important documents. Here is the Declaration of Independence, the manuscript of Abraham Lincoln's speech in Gettysburg, Magna Carta, and three copies of the Gutenberg Bible.
Fort Knox is mythical. When arch-villain Goldfinger, attacked the Fort Knox in the Bond film that bears his name so he uses poison gas (CIA cleverly arranges its replacement) to enter. Once planned Goldfinger to detonate a nuclear bomb in one blow would make the gold radioactive and therefore useless for decades - and his own gold more valuable. But James Bond succeed against assembly all odds untangle it all and finally get the countdown assembly clock to the bomb to stay with seven seconds left, "007".
Today is no Goldfinger that threatens to penetrate through the 22-ton steel door. Instead, it is the financial crisis that some believe is a threat to the gold reserve.
Congressman Ron Paul of Texas is concerned that no independent verification of Fort Knox made since Eisenhower's days as president, which would mean sometime between 1953-1961.
Meanwhile, an organization calling itself the GATA (Gold Anti-Trust Action Committee) requested that President Obama is going to tell you how much gold is actually found in the well-guarded vault.
Ron Paul and Chris Powell worry is that the gold reserve has been used to help financial institutions that have come on the ropes during the current financial crisis. Institutions like AIG. However, since no independent auditor has gained access to the vault for 50 years so no one knows for sure how much of the gold that really last, they mean both.
Despite the fact that the U.S. central bank denies having used gold to sustain an intermittently failing dollar worried now Paul and Powell that gold may have disappeared in this way too.
Photo: Reuters and All over Press Gusatv Olofsson, left, found it hard to digest the loss.
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