Hidden Riches: Inside the Fort Knox of Copper
The Biggest Government Lie in History?
It comes with a bombproof roof, too.
Additional layers of physical security include: video cameras, minefields, barbed wire, electric fences, armed guards — even unmarked Apache helicopter gunships.
Well, it depends on who you ask.
The government will tell you that almost 5,000 metric tons of gold, or roughly 3% of all the gold ever refined throughout human history, is safely sealed inside the vault.
Others will tell source that the vault the United States Bullion Depository — known as Fort Knox is totally empty.
What if the skeptics are right?
And all this protection is just an elaborate cover-up?
And that naturally makes me wonder what else it might be up to.
Three-time presidential candidate, Ron Paul, has long questioned the amount of gold at Fort Knox.
He even went as far as introducing legislation in 2011, which proposed an audit.
One thing we can all agree on is this: Lack of transparency always leads to corruption.
Why should the Federal government be immune?
Except no outside experts were permitted, and only about 5% of the gold was tested.
Over that time, however, the government has sold its gold — reducing its holdings from about bally slot reel strips metric tons in the 1950s, to the current level of 8,133 metric tons.
So are we just supposed to trust that the government stopped selling?
Just ask the Germans.
For decades, the Bundesbank had relied on written confirmation.
Why the sudden change of heart?
But we cast off the gold standard in 1971 and stopped redeeming currency for gold.
So what gives with clinging tightly to it?
A Crisis of Confidence One reason the government might not want an audit is because it would lend importance to an asset that it swears is unimportant.
After all, no one audits the number of acorns in the national parks… They are too unimportant.
Like, if the gold is really there, does it really all belong to the government?
I say that because central banks routinely lease or lend bally slot reel strips gold.
And we all know how that ended.
An audit might also reveal that.
Yes, governments have done that before.
And if the U.
More spectacularly, an audit might reveal that Fort Knox is littered with gold-painted tungsten.
Here, too, a precedent exists, as.
Although I doubt a government would confess to being so incredibly duped.
Fort Knox: A New Stimulus Project It would reportedly take 400 people, working full-time for six months, to test all the gold at Fort Knox for purity.
Until an audit is done, the facts provide more questions than answers.
So what does that mean for the price of gold?
We all love them.
Of course, our search for dividend growth should be tempered by a healthy respect for reality.
Because the fact is, there are times when a dividend increase may not be sustainable.
By Posted February 3, 2015 Most U.
But a few rogue farmers were lucky… They planted an almost-forgotten crop — sorghum — which enjoyed a banner year in 2014.
By Posted January visit web page, 2016 2016 certainly came in storming.
Right off the bat, investors were met with a major selloff.
It ultimately regained its footing, relatively speaking, and January 4, 2016 ended up being the worst start bally slot reel strips how to win borderlands 2 />By Posted Bally slot reel strips 27, 2017 A picture can be worth a thousand words.
What amazes me is how quickly awareness changed from ignorance and hatred to adoration and unbridled bullishness.
CoinWeek: Is There Really Gold Bullion in Fort Knox Federal Reserve?
Is there gold at Fort Knox? Why did we refuse to give Germany's gold back? Are the reserves empty? Here's the likely answer to these questions...
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