Direct Link to Latest News

 

John Hamilton - Fort Knox Has Never Been Audited

February 21, 2025




fort-knox.jpg
Makow- Given their record, my guess is Fort Knox is empty. 2/3 of my Twitter Poll agreed.

John Hamilton- "Was jolted into some writing action this morning 
when NPR put out a boldface lie, and with a smirk.  Stuck in my craw."


by John Hamilton
(henrymakow.com)

Just this morning, in a mocking tone, NPR said that Elon Musk "wants to audit the Fed and Fort Knox. 
 Both are audited annually."

Tone:  Smirk, smirk.

Fact check executive summary:  not true.  


Fort Knox, which houses the United States Bullion Depository, is not audited annually in the way that a typical financial institution or business might be. However, here are the facts:


1. The Most Notable Audit (1953)
The last full audit of the gold reserves at Fort Knox occurred in 1953, shortly after President Dwight D. Eisenhower took office.
This audit involved a physical inspection of only a small percentage of the gold, rather than a complete inventory check.

2. 1974 Inspection
In response to growing public speculation and conspiracy theories about whether the gold was actually there, a delegation of journalists, politicians, and government officials was allowed inside Fort Knox for the first time in decades. They reported seeing large amounts of gold, but this was not a full, official audit.

3. The 2017 Treasury Inspection
The U.S. Treasury Secretary at the time, Steven Mnuchin, along with other officials, visited Fort Knox.
Mnuchin tweeted, "Glad gold is safe!"--but this was more of a symbolic visit rather than a full-scale audit.

4. Ongoing Internal Checks
The U.S. Department of the Treasury and the U.S. Mint conduct periodic inspections and verifications of gold reserves at Fort Knox.
These inspections involve weighing, assaying, and verifying a sample of the gold bars.
However, these are not full annual audits, and most of the gold has not been reassessed in decades.

5. Calls for a Full Audit
Some lawmakers and financial experts have called for a comprehensive audit of the gold reserves at Fort Knox.
Critics argue that there should be more transparency regarding the U.S. gold reserves, but so far, no large-scale audit has been ordered.

Conclusion

While Fort Knox undergoes internal verifications, it does not receive a full, independent audit every year. The most recent large-scale checks have been limited in scope, and the last full audit of its contents was in 1953.

NPR is a propagandist for leftist lies.

==============================================

John Hamilton is the author of False Flags, State Secrets, Government Deceptions:  A Short History of the Modern Era and THE COVID VACCINE: And the silencing of our doctors and scientists . He has also recently re-published the formerly out-of-print, anti-feminism treatise The Power of Sexual Surrender by Dr. Marie Robinson. All on Amazon.


Scruples - the game of moral dillemas

Comments for "John Hamilton - Fort Knox Has Never Been Audited "

RH said (February 21, 2025):

"Silver dimes (90% silver) were minted until 1964. The US Mint switched from silver to a copper-nickel alloy in 1965. This alloy remains in use today. Using silver in the US circulated coins ended with the signing of the Coinage Act of 1965." From a web search

Henry,

I really don't expect Fort Knox to have the physical gold...even if photos show bars, who will know if they are made of gold? Maybe painted lead????

I remember as an elementary student in the 1960s how we would be asked by our teachers to give our silver dimes into some charity that was to feed starving children in India. That was a sneaky way to recapture the silver dimes while replacing them with the alloy dimes. We all did donate until there was none left to give! You have to chuckle at the naivety of all of us back then.

The audacity of FDR outlawing gold holdings was the start. They upturned the economy in the 1930s. The elite were thieves then and still are to this day.

A few days ago, you posted a picture of Jesus in chains...I said there is TRUTH...in chains. The elite will not stand for having the truth unbound.


PL said (February 21, 2025):

Some time ago I read an article by economist Michael Hudson (you can follow him on www.unz.com) who stated the US owned something like 76% of the world's monetary gold (the gold held by central banks) as late as 1949, but then lost so much of it from US dollar redemptions by countries like France and West Germany who were acutely aware of just how much money the US was pissing away on both the Korean War and Vietnam War. The banks in South Vietnam were French, and they were shipping back US dollars to the French central bank by the boatload. Hudson was on top of this because in the 1960's, he was working for Chase Manhattan Bank tracking global US dollar money flows/balance of payment transfers. In any event, France's De Gaulle became alarmed knowing that this amount of US money printing was unsustainable, so he would load up a French destroyer with US dollars and have it sail off to NYC harbor and cash in these dollars in exchange for gold bars at the Federal Reserve Bank of New York. This went on until Nixon shut down the gold window in August of 1971. The US dollar bills that were being redeemed were US Federal Reserve notes, NOT US Treasury notes; consequently, there's a very good chance the US Government/US Treasury ('We the People') have no gold whatsoever in Fort Knox or anywhere else for that matter.

Next...check this out https://prepareforchange.net/2019/01/29/president-kennedy-the-fed-and-executive-order-11110/

Notice how JFK was backing the US Treasury notes with silver, and NOT gold. This leads me to believe it's definitely the banksters who own the gold.


Henry Makow received his Ph.D. in English Literature from the University of Toronto in 1982. He welcomes your comments at