by Gary Christenson
Officially the Fort Knox Bullion Depository contains 147.3 million ounces of gold. However, the last audit was performed over 60 years ago. According to reliable sources “audits” since then have been incomplete and inadequate.
Second Thoughts on US Gold Reserve Audits
Hiding the Elephant: Fort Knox’s Vanishing Act
Doubts about America’s Gold Holdings
Question: If the Bullion Depository still contains over 147 million ounces of gold, why not audit it, prove the existence of the gold, and eliminate speculation? The US government spends over $70 billion on “food stamps” every year and nearly a $Trillion per year on “defense,” so cost is not the issue.