Where is the gold?

PraXis · 08-31-2010, 03:02 PM

In an exclusive interview with Kitco News, Congressman Ron Paul (R-Texas) revealed that next year at the start of the newly inaugurated 112th United States Congress, he would introduce a new bill to audit the U.S. gold reserves, which are reportedly stored at the New York Federal Reserve and Fort Knox.

The reason behind this bill is that in the event “we ever get around to deciding we should use gold in relationship to our currency, we ought to know how much is there,” Paul told Kitco.

“Our Federal Reserve admits to nothing, and they should prove all the gold is there. There is a reason to be suspicious, and even if you are not suspicious, why wouldn’t you have an audit?” said Paul.

This is not the first time Rep. Ron Paul has suggested that there be a full audit of the county’s gold reserves. Paul recalled that “In the early 1980s when I was on the gold commission, I asked to recommend to Congress that they audit the gold reserves – we had 17 members of the commission and 15 voted not to [recommend] the audit.”

The two votes in favor of an audit came from the two gold advocates who pushed for the creation of the commission in the first place – Senator Jesse Helms (R-N.C.) and Rep. Ron Paul.

At the time, Sen. Helms and Rep. Paul were the leaders of Congress’s gold coalition, which included Republicans Sen. James McClure of Idaho, Sen. Barry Goldwater of Arizona, Rep. Philip Crane of Illinois, Rep. James Collins of Texas, Rep. Steven Symms of Idaho, and Democratic Rep. Larry McDonald of Georgia, the latter of whom was at the time also a National Council member of the John Birch Society.

In fact, Rep. McDonald introduced a similar bill to that of Ron Paul’s newly proposed 2011 gold reserve audit bill. In 1979, Rep. McDonald sponsored H.R. 555, entitled: “A bill to require the Comptroller General of the United States to audit annually the gold held by the United States on the first day of each fiscal year and to report his findings to Congress.” McDonald presented the same bill again the next year, this time as H.R.555, and was unable to garner any cosponsors.

Ron Paul Calls for Audit of U.S. Gold Reserves

MineGoesTo11 · 08-31-2010, 03:49 PM

There is no danger of going back to the gold standard. It's not happening. Get over it.

PraXis · 08-31-2010, 03:58 PM

Has nothing to do with the gold standard. It's the secrecy. The F.R. are a bunch of feet stampers when anyone wants to actually see it.

MineGoesTo11 · 08-31-2010, 04:02 PM

Enough Jibber Jabber! I pity the fool that tries to find out where the gold is at!

PraXis · 08-31-2010, 04:34 PM

Arrest him!

KSG_Standard · 08-31-2010, 04:42 PM

There is no gold in Ft. Knox...it's a scam. The Illuminati have moved it all to private vaults.

vintageJIM · 08-31-2010, 04:49 PM

According to current estimates of the amount of gold held within the United States Bullion Depository at Fort Knox, and taking into consideration the current value of gold, the value of the gold in Fort Knox would be approximately $180 billion.

With the current Federal Government’s burn rate, that value of gold would take approximately 17 days to spend

LOL, 17 days

............

It really doesn’t matter how much gold the US may have because, as a nation we’re BROKE AS HELL, and a little paltry amount of gold aint gonna change that any time soon, IF EVER …………………….

Lyrica · 08-31-2010, 08:55 PM

it matters because that gold belongs to the government in the people's name. i would assume that if people have been siphoning it off it proves they are even more crooked than people think they are already.

vintageJIM · 08-31-2010, 09:20 PM

Quote:

Originally Posted by Nicole Rose

it matters because that gold belongs to the government in the people's name. i would assume that if people have been siphoning it off it proves they are even more crooked than people think they are already.

yes, it may 'matter' because what we have collectively belongs to US, as a whole BUT the amount of gold that is 'supposed to be' in the coffers of the US Government is NOTHING compared to what has been ROBBED from US via the last ten annual US budgets ............... and in that respect we KNOW that the people that have been elected to represent US are in fact "crooked" beyond all doubt ..................

SneakySnakeLady · 08-31-2010, 09:45 PM

You Tube

Sorry..can't help myself

twinrider1 · 09-01-2010, 09:11 PM

I don't have a problem with an audit. Any business should have an accurate inventory of it's assets. But we're not going back to a gold standard. And I don't think the entire Congress needs to be involved in the audit. And the information doesn't need to be given to the public.

coldsteal2 · 09-01-2010, 10:19 PM

you know where the gold is? its floating around
in space in old satelites, they use allot of gold
and platinum in those things

08-31-2010, 03:02 PM	#1 (permalink)
PraXis V.I.P. Member Join Date: Dec 2007 Location: Planet X Posts: 19,107 Thanks: 352 Thanked 311 Times in 122 Posts	Where is the gold? In an exclusive interview with Kitco News, Congressman Ron Paul (R-Texas) revealed that next year at the start of the newly inaugurated 112th United States Congress, he would introduce a new bill to audit the U.S. gold reserves, which are reportedly stored at the New York Federal Reserve and Fort Knox. The reason behind this bill is that in the event “we ever get around to deciding we should use gold in relationship to our currency, we ought to know how much is there,” Paul told Kitco. “Our Federal Reserve admits to nothing, and they should prove all the gold is there. There is a reason to be suspicious, and even if you are not suspicious, why wouldn’t you have an audit?” said Paul. This is not the first time Rep. Ron Paul has suggested that there be a full audit of the county’s gold reserves. Paul recalled that “In the early 1980s when I was on the gold commission, I asked to recommend to Congress that they audit the gold reserves – we had 17 members of the commission and 15 voted not to [recommend] the audit.” The two votes in favor of an audit came from the two gold advocates who pushed for the creation of the commission in the first place – Senator Jesse Helms (R-N.C.) and Rep. Ron Paul. At the time, Sen. Helms and Rep. Paul were the leaders of Congress’s gold coalition, which included Republicans Sen. James McClure of Idaho, Sen. Barry Goldwater of Arizona, Rep. Philip Crane of Illinois, Rep. James Collins of Texas, Rep. Steven Symms of Idaho, and Democratic Rep. Larry McDonald of Georgia, the latter of whom was at the time also a National Council member of the John Birch Society. In fact, Rep. McDonald introduced a similar bill to that of Ron Paul’s newly proposed 2011 gold reserve audit bill. In 1979, Rep. McDonald sponsored H.R. 555, entitled: “A bill to require the Comptroller General of the United States to audit annually the gold held by the United States on the first day of each fiscal year and to report his findings to Congress.” McDonald presented the same bill again the next year, this time as H.R.555, and was unable to garner any cosponsors. Ron Paul Calls for Audit of U.S. Gold Reserves __________________ Hank Johnson (D-GA): "My fear is that the whole island will become so overly populated that it will tip over and capsize."

08-31-2010, 03:49 PM	#2 (permalink)
MineGoesTo11 Senior Member Join Date: Mar 2010 Location: Ontario, Canada Posts: 10,885 Thanks: 22 Thanked 170 Times in 81 Posts	Re: Where is the gold? There is no danger of going back to the gold standard. It's not happening. Get over it. __________________ \\\\\\\ My YouTube Channel

08-31-2010, 03:58 PM	#3 (permalink)
PraXis V.I.P. Member Join Date: Dec 2007 Location: Planet X Posts: 19,107 Thanks: 352 Thanked 311 Times in 122 Posts	Re: Where is the gold? Has nothing to do with the gold standard. It's the secrecy. The F.R. are a bunch of feet stampers when anyone wants to actually see it. __________________ Hank Johnson (D-GA): "My fear is that the whole island will become so overly populated that it will tip over and capsize."

08-31-2010, 04:02 PM	#4 (permalink)
MineGoesTo11 Senior Member Join Date: Mar 2010 Location: Ontario, Canada Posts: 10,885 Thanks: 22 Thanked 170 Times in 81 Posts	Re: Where is the gold? Enough Jibber Jabber! I pity the fool that tries to find out where the gold is at! __________________ \\\\\\\ My YouTube Channel

08-31-2010, 04:34 PM	#5 (permalink)
PraXis V.I.P. Member Join Date: Dec 2007 Location: Planet X Posts: 19,107 Thanks: 352 Thanked 311 Times in 122 Posts	Re: Where is the gold? Arrest him! __________________ Hank Johnson (D-GA): "My fear is that the whole island will become so overly populated that it will tip over and capsize."

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08-31-2010, 04:42 PM	#6 (permalink)
KSG_Standard Senior Member Join Date: Jan 2009 Location: South Texas Core Club® Posts: 21,151 Thanks: 1,010 Thanked 657 Times in 226 Posts	Re: Where is the gold? There is no gold in Ft. Knox...it's a scam. The Illuminati have moved it all to private vaults. __________________ *you may all go to hell, and I will go to Texas*

08-31-2010, 04:49 PM	#7 (permalink)
vintageJIM Banned Join Date: May 2010 Location: Midwest USA Posts: 5,873 Thanks: 29 Thanked 74 Times in 23 Posts	Re: Where is the gold? According to current estimates of the amount of gold held within the United States Bullion Depository at Fort Knox, and taking into consideration the current value of gold, the value of the gold in Fort Knox would be approximately $180 billion. With the current Federal Government’s burn rate, that value of gold would take approximately 17 days to spend LOL, 17 days ............ It really doesn’t matter how much gold the US may have because, as a nation we’re BROKE AS HELL, and a little paltry amount of gold aint gonna change that any time soon, IF EVER ……………………. Last edited by vintageJIM; 08-31-2010 at 09:16 PM.

08-31-2010, 08:55 PM	#8 (permalink)
Lyrica V.I.P. Member Join Date: Jan 2008 Location: Southern Ontario Posts: 7,384 Thanks: 172 Thanked 215 Times in 58 Posts	Re: Where is the gold? it matters because that gold belongs to the government in the people's name. i would assume that if people have been siphoning it off it proves they are even more crooked than people think they are already.

09-01-2010, 09:11 PM	#11 (permalink)
twinrider1 Senior Member Join Date: Apr 2007 Location: Columbus, OH Posts: 2,613 Thanks: 85 Thanked 38 Times in 10 Posts	Re: Where is the gold? I don't have a problem with an audit. Any business should have an accurate inventory of it's assets. But we're not going back to a gold standard. And I don't think the entire Congress needs to be involved in the audit. And the information doesn't need to be given to the public. __________________ Research...before you besmirch.

09-01-2010, 10:19 PM	#12 (permalink)
coldsteal2 V.I.P. Member Join Date: Sep 2007 Location: Chico, CA "Fly Over America" Posts: 35,099 Thanks: 694 Thanked 102 Times in 23 Posts	Re: Where is the gold? you know where the gold is? its floating around in space in old satelites, they use allot of gold and platinum in those things __________________ Cold Steal soundclick...My YouTube ... Interview.. ...Sunset Strip Rock Alumni 76-83' I'm Insane (pre-ratt)...Scene of the Crime (Pre-Ratt)..Street Legal..Song of Mine..Loved You So I Lied

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