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Keyword: fortknox

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  • Mnuchin’s Pre-Fort Knox Quip: ‘I Assume the Gold Is Still There’

    08/21/2017 12:46:10 PM PDT · by ARGLOCKGUY · 19 replies
    U.S. Treasury Secretary Steven Mnuchin will check out the nation’s gold stash when he pays a rare official visit to Fort Knox on Monday -- while keeping an open mind for future film projects. “I assume the gold is still there,” the former Hollywood producer joked to an audience in Louisville, Kentucky, 40 miles (64 km) north of the U.S. Bullion Depository. “It would really be quite a movie if we walked in and there was no gold.” Fort Knox has been seared into the public imagination since the 1964 James Bond movie “Goldfinger,” in which the British spy, played...
  • The Fed Has 6,200 Tons of Gold in a Manhattan Basement—Or Does It?

    08/10/2017 2:34:18 PM PDT · by Red Badger · 42 replies
    www.wsj.com ^ | Aug. 10, 2017 12:30 p.m. ET | By Katy Burne
    Eighty feet below the streets of lower Manhattan, a Federal Reserve vault protected by armed guards contains about 6,200 tons of gold. Or doesn’t. The Fed tells visitors its basement vault holds the world’s biggest official gold stash and values it at $240 billion to $260 billion. But “no one at all can be sure the gold is really there except Fed employees with access,” said Ronan Manly, a precious-metals analyst at gold dealer BullionStar in Singapore. If it is all there, he said, the central bank has “never in its history provided any proof.” Mr. Manly is among gold...
  • CHINA SAYS "NO DOLLARS" FOR NEW YUAN

    04/16/2016 6:08:49 PM PDT · by combat_boots · 75 replies
    SuperStation 95 ^ | 4 13 2016 | US Reporter
    In a shocking move likely to crush the US economy overnight, China is refusing to make its new gold-backed Yuan, convertible from or to US Dollars. The new Yuan will be introduced next Tuesday, April 19. When the International Monetary Fund (IMF) agreed to add the Yuan to the basket of world currencies used for Global Reserves and International Trade, they wanted China to make the Yuan more reliable as a currency. Since then, China has almost un-pegged its Yuan from the Dollar, allowing its value to fluctuate on world markets. But for years, China has been amassing huge amounts...
  • The 18 Trillion Dollar Debt, the Biggest Heist on American Citizens in History

    01/23/2016 4:48:31 AM PST · by HomerBohn · 38 replies
    Freedom Outpost ^ | 1/21/2016 | Tony Elliot
    At the end of Obama's second term, it is estimated the national debt will be 20 trillion dollars. Most of this money has gone to frivolous spending by the Federal government, as well as been stolen by various government officials, using the excuse that astronomical sums of money are missing. In the computer age, it would be impossible to lose a trillion dollars, unless it was purposely lost to cover the theft of it. In looking at the numbers, we find that most of the 20 trillion debt is accountable in lost funds. Since 9-11, the US has spent 6...
  • Has the Federal Reserve Sold the Gold at Fort Knox?

    07/09/2015 9:41:27 AM PDT · by HomerBohn · 77 replies
    The New American ^ | 7/8/2015 | Joe Wolverton
    famed Fort Knox is a facility managed by the U.S. Mint. Curiously, however, in a recent exchange of e-mails with a gold investment blog, the former director of that agency demonstrates a disturbing lack of knowledge about the precious metal supposedly stored there. And the Federal Reserve may be hiding the location and value of the allegedly missing bullion. On July 1, Koos Jansen of goldseek.com published another in a series of posts exploring the fate of the gold allegedly kept in vaults at Fort Knox, Kentucky. In his latest article, Jansen makes some startling claims that if proven true,...
  • Fort Knox first military post to go 'off the grid'

    05/21/2015 8:06:38 AM PDT · by Enlightened1 · 12 replies
    After tapping into solar, wind, geothermal and now natural gas resources on post, Fort Knox has become the first U.S. military installation to go “off the grid.” The installation announced Wednesday it added 28 natural gas wells to its arsenal of energy-creating sources which already includes almost 6,000 geothermal wells, two wind turbines and 3.59 megawatts of solar panels. With the additions, Fort Knox will be able to produce more energy than it needs — about 44 megawatts a day. It typically uses about 20 daily, but has approached 50 before, officials said. With that kind of power, when Hardin...
  • Child immigrants will not go to Fort Knox

    07/21/2014 4:34:49 PM PDT · by Oldeconomybuyer · 10 replies
    WKYT-CBS Local News ^ | July 21, 2014
    LOUISVILLE, Ky. - Sen. Rand Paul said Monday Fort Knox was being considered as a possible place to temporarily house some of the immigrant children pouring across the country's southern border. The senator's office was notified that the Army post in central Kentucky has been under review as a place to take in an undetermined number of unaccompanied Central America minors. The Kentucky Republican spoke out against transporting the children to Fort Knox. He says they should be treated humanely until being returned to their home countries. Late Monday afternoon, Congressman John Yarmuth's office confirmed the Department of Defense submitted...
  • Lockdown at Fort Knox reportedly lifted after shooting at post

    04/03/2013 4:12:20 PM PDT · by Wisconsinlady · 79 replies
    Fox News -Breaking News ^ | 04/03/13 | Fox news
    http://www.foxnews.com/
  • From the Pentagon to the Patton Museum: 9/11 relic finds home at Fort Knox

    10/11/2012 9:03:49 AM PDT · by Stonewall Jackson · 4 replies
    The News Enterprise ^ | October 11, 2012 | Amber Coulter
    When a tarp was pulled away from a beat-up fire truck the first time Christopher Kolakowski saw it, he immediately reached out his hand to touch it. “It was a very spiritual moment for me,” he said. The director of the General George Patton Museum of Leadership was looking for the first time at what is believed to be the first fire truck to respond to the Pentagon as it burned and partially collapsed after the terrorist attacks of Sept. 11, 2001. He lived about 50 miles from Washington, D.C., at the time of the attack. Foam 161, a foam...
  • Fort Knox drops Ted Nugent from concert plans

    04/19/2012 6:12:48 PM PDT · by SLB · 128 replies
    The News Enterprise ^ | April 19, 2012
    Following rocker Ted Nugent's recent comments about President Barack Obama, he has been dropped from a scheduled performance at Fort Knox, the post announced Thursday afternoon. Nugent set off a controversy at last weekend's National Rifle Association convention when he criticized high-ranking members of Obama's administration and offered support for possible Republican presidential nominee Mitt Romney. In a video posted on YouTube by the NRA, Nugent said, "If Barack Obama becomes the president in November again, I will either be dead or in jail by this time next year. If you can't go home and get everybody in your lives...
  • Report of 1 Kilo Gold Bar Filled with Tungsten Found in UK

    03/26/2012 2:54:56 PM PDT · by KeyLargo · 48 replies · 20+ views
    Coinweek.com ^ | Mar 26, 2012
    Report of 1 Kilo Gold Bar Filled with Tungsten Found in UK March 26, 2012 “What appears to be a tungsten filled gold bar has been found – this time in the UK. It is believed that a scrap dealer bought the Metalor 1 kilo gold bar of 99.98% purity from a member of the public. Metalor are a leading international gold refiner and bar manufacturer, headquartered in Zurich. The bar appears to have been tampered with and may have had holes drilled into it or melted out and then had tungsten rods inserted or tungsten poured into the holes....
  • U.S. Army Specialist from Longview Killed in Afghanistan

    12/23/2011 9:57:04 PM PST · by Stonewall Jackson · 27 replies
    The Daily News Online ^ | December 22, 2011 | Erik Olsen and Marqise Allen
    A female Mark Morris High School graduate was shot and killed Wednesday in a guard tower in Afghanistan, according to the soldier's stepmother. U.S. Army Specialist Mikayla Anne Bragg is Cowlitz County's first casualty in a combat zone since the Vietnam War, according to Daily News archives. Bragg, 21, was scheduled to leave Afghanistan around Christmas and return to the United States on Jan. 6, stepmother Amber Bragg of Longview said Thursday. Bragg enlisted right after she graduated high school in 2008, Amber Bragg said. According to her Facebook page, Bragg's primary duties were as a motor transport operator for...
  • Ron Paul Calling for a Fort Knox Audit (What came of it?)

    "In September, Treasury completed its latest audit, showing that U.S. gold reserves total 9,300 tons with a market value of $320 billion, Thorson said. The recent run-up in gold prices -- the precious metal is trading at about $1,515 an ounce -- puts the market value at $340 billion as of Wednesday, according to Thorson's testimony. He added that each gold bar weighs about 27 pounds and is worth around $500,000. Paul said that his questions were partly in response to the numerous Internet conspiracy theories, including those that accuse the government of secretly selling all of the gold in...
  • Selling Gold at Fort Knox Emerges as Next Big Question in Debate on Federal Debt Limit

    05/17/2011 12:21:08 PM PDT · by statestreet · 118 replies · 1+ views
    The New York Sun ^ | May 17, 2011 | David Pietrusza
    NEW YORK — The next big question on the federal debt limit could be whether to start selling the government’s holdings of gold at Fort Knox — and at least one presidential contender, Ron Paul, has told The New York Sun he thinks it would be a good move. The question has been ricocheting around the policy circles today. An analyst at the Heritage Foundation, Ron Utt, told the Washington Post that the gold holdings of the government are “just sort of sitting there.” He added: “Given the high price it is now, and the tremendous debt problem we now...
  • New uniforms, equipment will mission in Afghanistan

    12/14/2010 9:15:57 PM PST · by Stonewall Jackson · 15 replies
    The News Enterprise ^ | Dec. 10, 2010 | Marty Finley
    Fort Knox soldiers readying for a year-long deployment to Afghanistan have new equipment and uniforms to help them in their mission. The 3rd Infantry Brigade Combat Team, 1st Infantry Division, is one of the first combat teams to utilize a new form of camouflage uniform known as the MultiCam, which consists of seven different shades of camouflage that Army officials say better captures the multiple styles of terrain found within Afghanistan, from deserts and wooded areas to villages and mountains. The MultiCam has replaced the Army Combat Uniform — ACU for short — in Afghanistan and will be advantageous in...
  • Locked and loaded: Duke Brigade ready for deployment

    12/14/2010 9:09:38 PM PST · by Stonewall Jackson · 12 replies
    The News Enterprise ^ | Dec. 10, 2010 | Marty Finley
    For Erica Lukachko and her growing family, deployments don’t get any easier. Her husband, Sgt. First Class Aaron Lukachko, is gearing up for a winter deployment to Afghanistan as part of the 3rd Infantry Brigade Combat Team, 1st Infantry Division — his third deployment in his 14-year military career, Erica said. It’s a familiar feeling for many families who arrived Thursday in support of their loved ones at Fort Knox as the soldiers took to Brooks Field during a deployment ceremony. Often referred to as the Duke Brigade, the brigade moved to Fort Knox from Fort Hood as part of...
  • US To Trade Gold Reserves For Cash Through Cash4Gold.com (pretty funny)

    08/30/2010 10:14:52 PM PDT · by Beave Meister · 6 replies
    Treasury officials say the gold has just been rattling around in the bottom of some vaults at the US Bullion Depository anyway.
  • Army Preps for Tea Party Terrorists

    04/29/2010 1:14:13 PM PDT · by LegalAlien1949 · 15 replies · 620+ views
    The Patriot Post ^ | 04/29/10 | Legal Alien
    A few months back, the commander in chief of our Armed Forces, that erstwhile community organizer Barack Hussein Obama, denigrated a large cross section of Americans who identify with the Tea Party movement -- those who advocate for Essential Liberty and Rule of Law. Obama identified them as malcontents, "waving their little tea bags." Since then, the Obama administration and their Leftmedia sycophants have endeavored to characterize Tea Party attendees as rude, radical, racist, redneck, enemies of the state. They have attempted to tie high-profile acts of violence against the government to the Tea Party, including the pilot who crashed...
  • Is there any gold inside Fort Knox, the world's most secure vault?

    03/29/2009 8:03:26 PM PDT · by Atlas Sneezed · 39 replies · 4,300+ views
    Times Online (UK) ^ | March 28, 2009 | Chris Ayres
    ... For several prominent investors and at least one senior US congressman it is not the security of the facility in Kentucky that is a cause of concern: it is the matter of how much gold remains stored there - and who owns it. They are worried that no independent auditors appear to have had access to the reported $137 billion (£96 billion) stockpile of brick-shaped gold bars in Fort Knox since the era of President Eisenhower. After the risky trading activities at supposedly safe institutions such as AIG they want to be reassured that the gold reserves are still...
  • How much gold is in Fort Knox and who owns it?

    03/29/2009 11:07:39 AM PDT · by bvw · 104 replies · 2,706+ views
    bvw | 29 March 2009 | bvw
    Sorry, not taking Wikipedia as a source. Nor are spurious "conspiracy theory" comments welcomed. It's an honest question. Answers should cite primary sources and such primary sources should cite date and type of audit. I also expand this question to include all US stores, where the gold is owned by the US. Answers must distinguish between "holding" and "ownership", the question is to ownership! I note that a great failing of our times is that people do not know how to keep books anymore, and even less how to audit. Too many make assumptions, or give a cheap pass to...