Monday, August 30, 2010

Is There Any Gold in Fort Knox?

Congressman Ron Paul wants to find out. He plans to introduce legislation next year to force an audit of U.S. holdings of gold.

"If there was no question about the gold being there, you think they would be anxious to prove gold is there,” he said in an interview with 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?

“I think it is a possibility," Paul said when asked if there was truth to rumors that there was actually no gold at Ft. Knox or the New York Fed

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