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 Silver Coins, Gold, and other Bullion Metals
 What's Really in Fort Knox?
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beauanderos
Penny Collector Member


USA
388 Posts

Posted - 11/03/2009 :  21:14:26  Show Profile Send beauanderos a Private Message  Reply with Quote
Poll Question:
If the bill ever passes to audit the Fed, and that includes an audit of the United States gold reserves... what will they find when they open the doors to Fort Knox?

Choices:

All the gold that''''s supposed to be there
Most of the gold that''''s supposed to be there
Some of the gold that''''s supposed to be there
Very little of the gold
Cobwebs and dust
An I.O.U from the US Govt
A Goldfinger Poster signed "I got here first"
A bunch of tungsten bars spray-painted gold


Hoard now and hold on!

http://coppermillions.blogspot.com/

Edited by - beauanderos on 11/03/2009 21:15:43

AGgressive Metal
Penny Hoarding Member



USA
789 Posts

Posted - 11/03/2009 :  22:45:15  Show Profile Send AGgressive Metal a Private Message  Reply with Quote
I thought they moved most or all of the gold to the New York Fed vaults in NYC.

And he that hath lyberte ought to kepe hit wel / For nothyng is better than lyberte / For lyberte shold not be wel sold for alle the gold and syluer of all the world.
-Caxton's edition of Aesop's Fables, 1484

http://www.randpaul2010.com/
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AGgressive Metal
Penny Hoarding Member



USA
789 Posts

Posted - 11/03/2009 :  22:47:51  Show Profile Send AGgressive Metal a Private Message  Reply with Quote
From Wiki:

"The United States Bullion Depository, commonly called Fort Knox, is a fortified vault building located near Fort Knox, Kentucky, which is used to store a large portion of United States official gold reserves and, occasionally, other precious items belonging or entrusted to the federal government.

The United States Bullion Depository holds about 4,603 tons (4 176 metric tonnes) of gold bullion (147.4 million troy ounces[1]). It is second in the United States only to the Federal Reserve Bank of New York's underground vault in Manhattan, which holds about 5,000 metric tonnes of gold in trust for many foreign nations, central banks and official international organizations."

And he that hath lyberte ought to kepe hit wel / For nothyng is better than lyberte / For lyberte shold not be wel sold for alle the gold and syluer of all the world.
-Caxton's edition of Aesop's Fables, 1484

http://www.randpaul2010.com/
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AGgressive Metal
Penny Hoarding Member



USA
789 Posts

Posted - 11/03/2009 :  22:50:33  Show Profile Send AGgressive Metal a Private Message  Reply with Quote
So in theory our government has about 9,600 tons of gold, but a good deal of it is owned by other countries. So its probably there, its just a matter of what amount legally belongs to the US government.

And he that hath lyberte ought to kepe hit wel / For nothyng is better than lyberte / For lyberte shold not be wel sold for alle the gold and syluer of all the world.
-Caxton's edition of Aesop's Fables, 1484

http://www.randpaul2010.com/
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Neckro
1000+ Penny Miser Member



Saudi Arabia
1594 Posts

Posted - 11/03/2009 :  22:50:54  Show Profile  Send Neckro an AOL message  Click to see Neckro's MSN Messenger address  Send Neckro a Yahoo! Message Send Neckro a Private Message  Reply with Quote
I don't think it has anything.
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ScottyTX
Penny Collector Member



USA
343 Posts

Posted - 11/04/2009 :  15:37:19  Show Profile Send ScottyTX a Private Message  Reply with Quote
Humm, I think there is only one answer here that would be correct. All of the gold that is supposed to be there is. If its not there, then I imagine it's not supposed to be there (from their point of view). Sure am glad our government has this all under control for us, not exactly sure what I would do if they didn't control the things they do :)

Scott
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Cody8404
Penny Hoarding Member



USA
546 Posts

Posted - 11/05/2009 :  14:49:16  Show Profile Send Cody8404 a Private Message  Reply with Quote
I am sure the paper exists to show where the gold is there.

Awake, O kings of the earth! Come ye, O, come ye, with your gold and your silver, to the help of my people, to the house of the daughters of Zion, to the help of the people of the God of this Land even Jesus Christ.
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Dalsuh
Penny Collector Member



USA
399 Posts

Posted - 11/05/2009 :  17:29:45  Show Profile Send Dalsuh a Private Message  Reply with Quote
I voted "Some of the gold that''''s supposed to be there".

If they really had the gold I think they would be flaunting it more. It's so secretive...wt heck!
We're so used to scandals now, even if news broke out about "missing gold", more than half the country would not care/ or even know about it.
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Lemon Thrower
Penny Hoarding Member



USA
912 Posts

Posted - 11/05/2009 :  20:00:05  Show Profile Send Lemon Thrower a Private Message  Reply with Quote
the gold is there, but the govt or the fed has executed numerous derivatives that are the equivalent of selling it several times over. let the counterparties duke it out, lol.
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pencilvanian
1000+ Penny Miser Member



USA
2197 Posts

Posted - 11/06/2009 :  19:58:01  Show Profile Send pencilvanian a Private Message  Reply with Quote
What do I think is in Fort Knox?

Empty beer cans.
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oktyabyr
Penny Sorter Member



USA
46 Posts

Posted - 11/06/2009 :  22:55:12  Show Profile Send oktyabyr a Private Message  Reply with Quote
quote:
Originally posted by AGgressive Metal

So in theory our government has about 9,600 tons of gold, but a good deal of it is owned by other countries. So its probably there, its just a matter of what amount legally belongs to the US government.



Of course, when it boils down to it, possession is 9/10ths the law. If TSHTF, you really think the government would hesitate to tell those countries that hold the paper for the physical to jump in the river. Or come get it. :)

Edited by - oktyabyr on 11/06/2009 22:56:16
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AGgressive Metal
Penny Hoarding Member



USA
789 Posts

Posted - 11/06/2009 :  23:00:33  Show Profile Send AGgressive Metal a Private Message  Reply with Quote
quote:
Originally posted by oktyabyr

quote:
Originally posted by AGgressive Metal

So in theory our government has about 9,600 tons of gold, but a good deal of it is owned by other countries. So its probably there, its just a matter of what amount legally belongs to the US government.



Of course, when it boils down to it, possession is 9/10ths the law. If TSHTF, you really think the government would hesitate to tell those countries that hold the paper for the physical to jump in the river. Or come get it. :)



Yeah. Germany got wise and requested to have theirs back - we'll see if we give it to them.

And he that hath lyberte ought to kepe hit wel / For nothyng is better than lyberte / For lyberte shold not be wel sold for alle the gold and syluer of all the world.
-Caxton's edition of Aesop's Fables, 1484

http://www.randpaul2010.com/
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knoxneighbor
New Member



USA
3 Posts

Posted - 11/08/2009 :  23:57:20  Show Profile Send knoxneighbor a Private Message  Reply with Quote
I'd go check, but folks that work down there say it's full of water.
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Neckro
1000+ Penny Miser Member



Saudi Arabia
1594 Posts

Posted - 11/09/2009 :  00:06:35  Show Profile  Send Neckro an AOL message  Click to see Neckro's MSN Messenger address  Send Neckro a Yahoo! Message Send Neckro a Private Message  Reply with Quote
I was there for around 7months on the base. Was always told nothing was in there.
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beauanderos
Penny Collector Member



USA
388 Posts

Posted - 11/09/2009 :  00:46:18  Show Profile Send beauanderos a Private Message  Reply with Quote
Hmmmm, vellly intelesting. So a whole lotta nothing just got several dollars more expensive today.

Hoard now and hold on!

http://coppermillions.blogspot.com/
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slickeast
1000+ Penny Miser Member



USA
1356 Posts

Posted - 11/09/2009 :  23:22:52  Show Profile Send slickeast a Private Message  Reply with Quote
shhhhh. My PM's are in there.

I needed a place big enough to store everything.

You don't have to be the BEST you just have to be.......SLICK

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Nickelless
Moderator



USA
4392 Posts

Posted - 11/12/2009 :  05:50:01  Show Profile Send Nickelless a Private Message  Reply with Quote
The government should call itself HoardWorthlessPaperByTheTon.



Be prepared...and prepared to help: http://www.survivalblog.com/charity.html

Are you ready spiritually for hard times? http://www.posttribrapture.com
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beauanderos
Penny Collector Member



USA
388 Posts

Posted - 11/15/2009 :  22:00:29  Show Profile Send beauanderos a Private Message  Reply with Quote
I didn't know they collected old coin wrappers too

Hoard now and hold on!

http://coppermillions.blogspot.com/
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jman1237
Penny Sorter Member



USA
38 Posts

Posted - 11/15/2009 :  22:06:39  Show Profile  Send jman1237 a Yahoo! Message Send jman1237 a Private Message  Reply with Quote
Who cares? Gold in a bad investment! Worthless, at least that's what my CNBC friends tell me, except the occasional nutjob.

Jason Rasset
http://iamabullionaire.wordpress.com/
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Nickelless
Moderator



USA
4392 Posts

Posted - 11/15/2009 :  23:19:08  Show Profile Send Nickelless a Private Message  Reply with Quote
quote:
Originally posted by jman1237

Who cares? Gold in a bad investment! Worthless, at least that's what my CNBC friends tell me, except the occasional nutjob.

I'll offer you 30 percent of spot for any gold you have!



Be prepared...and prepared to help: http://www.survivalblog.com/charity.html

Are you ready spiritually for hard times? http://www.posttribrapture.com
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beauanderos
Penny Collector Member



USA
388 Posts

Posted - 11/16/2009 :  03:40:02  Show Profile Send beauanderos a Private Message  Reply with Quote
I'll go 29 Hurry up, it's turning into a bidding war and soon you won't be able to give it away like the link on Jason's blogsite Great name for the site, btw Jason

Hoard now and hold on!

http://coppermillions.blogspot.com/
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redneck
Penny Hoarding Member



894 Posts

Posted - 11/16/2009 :  06:11:50  Show Profile Send redneck a Private Message  Reply with Quote
quote:
Poll Question:
If the bill ever passes to audit the Fed, and that includes an audit of the United States gold reserves... what will they find when they open the doors to Fort Knox?


Crickets "chirping"...

>
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beauanderos
Penny Collector Member



USA
388 Posts

Posted - 11/18/2009 :  23:15:51  Show Profile Send beauanderos a Private Message  Reply with Quote
Truth is funnier than fiction!

The gold conspiracy world is a buzz with recent articles from Rob Kirby about tungsten bars that were plated with gold. According to Kirby's sources 1.3M-1.5M these 400oz bars currently reside in Fort Knox as well as have been sold into the global gold markets over the past 15-20 years.

The article can be found here:

http://news.goldseek.com/GoldSeek/1258049769.php


Hoard now and hold on!

http://coppermillions.blogspot.com/
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