35+ Mind Blowing Fort Knox Facts How Many Did You Know After the Congressional inspection, the Bullion Depository will once again be closed to visitors. And the vault has also been a setting place for several movies, the most famous being the 1964 James Bond film, Goldfinger when the titular character foiled a plot to contaminate the bullion, Mnuchin said it was the first time Fort Knox opened its vaults to outsiders since a Congressional delegation and some journalists were let in to view the gold for the first time in 1974. Compartments audited at Mint institutions and depositories are kept under official joint seal by representatives of the audit committee. Fort Knox is in Romeo (R) time. The official story from OIG is that 100 % of the gold stored at Fort Knox was audited in between 1974 and 1986, . In total there should be 13 reports (1974 1986), 2 already were in my possession (1974 and 1977). Official joint seal number 932 put in place on September 2, 1982, under the continuing audits of U.S.-owned goldstored at the Mint. Metal Coins, back to Inside the famed vaults at Fort Knox, Senate Majority Leader Mitch McConnell held a 27-pound gold bar in his hands Monday as part of the first civilian delegation to see most of the country's bullion reserves in more than 40 years. Government-owned Gold performed annual audits of Treasurys gold reserves from 1975 to 1986, placing all inventoried gold that it observed and tested under an official joint seal. walked past guards armed with submachine guns and through a 3-foot thick steel door into the . Much of this newfound gold came into government coffers as a result of President Franklin Roosevelts executive order confiscating privately held gold in 1933. The last time that Congress audited it was 2019. These CDCs offer full-day care, part-day, and hourly care. Located in Kentucky, Fort Knox is a United States Army base whichhouses most of the US's gold reserves. He also mentioned that despite this being the first visit by a group of politicians and journalists to Fort Knox since 1974 - he was the first serving Treasury Secretary to visit since 1948. Weve barely come across any independent auditor that saw, counted, weighed or assayed the US official gold reserves. I left school at 16 with six GCSEs - and became a self-made millionaire. Kids, Gifts for The Fort Knox Mine was initially certified in full compliance with the Cyanide Code in February 2008 and was recertified in September 2011, in February 2015, and in August 2018. I decided to send an email to the FOIA online Help Desk to ask what happened to my request. An overview starting from 1953: *In the 1953 report we could read 26 bars (0.00002 % of the total stash at that time) were assayed from bore samples. Moving on to the assay tests conducted at the US Mint. This is basically an affirmation that the bullion was up to snuff at the last audit, and has been sealed since. It was a magnificent golden sunrise that inspired visions of glory, wealth, and beauty. Text Alerts, Contact Presidential Coins, Kennedy Half The Counsel to the Inspector General Department of the Treasury told me his department only had 4 of the 13 reports I was looking for. No irregularities were found. In the meantime I will fire several new FOIAs at the Office of the Inspector General and others. It seems that a portion of the Mint and the U.S. gold reserves were audited in an assay between 1993 and 2008, as you acknowledged. At the end of Fiscal Year of 2008, all 42 compartments had been audited by either the GAO, the Committee for Continuing Audit of the U.S. More false statements by the auditor have appeared, further eroding its credibility. eonon change home screen. Coins, American One of last year's uproars was the decision by US officials to carry out an audit of these gold vaults. Jansen is a longtime gold insider and journalist reporting on, for example, the goings-on of the incipient Shanghai Gold Exchange (SGE). Page Last Modified: 8/26/19, 2:56 PM Fort Knox, KY. Our Nation's Gold Standard Army Home. Donate here, Idaho House Votes to Authorize State Gold & Silver Holdings, 34 Wyoming House Members Thumb Their Noses at Sound Money, Catch-22: Rate Hikes May Fuel Even MORE Inflationary Deficit Spending, Vermont Seeks to Become 44th State to Roll Back Sales Tax on Sound Money, Mississippi Legislature Votes Overwhelmingly to End Sales Taxes on Gold and Silver, VIDEO: President of Money Metals Exchange Joins Gold Standard Podcast to Discuss Sound Money Legislation, Iowa Seeks to End Capital Gains Taxes on Gold and Silver, Mississippi Bill Would End All Taxes on, Invest State Funds in, Gold & Silver, Kentucky Lawmakers Aim to End Sales Taxes on Sound Money, Missouri Senate Votes to End Income Taxes on Gold and Silver, Hold Monetary Metals in Reserve, Legislators Seek Repeal of Wisconsins Controversial Sales Tax on Gold and Silver. noting that it was "over 20 years" since the last one. United States Mint All Rights Reserved. Mint Medals, Shop All Paper Here is a rundown of some of Kooss key findings. U.S. Mint Releases Fort Knox Audit - CoinWeek US citizens were required to sell their gold bullion - bars and coins - back to the State. previous, back to Is There Really Any Fort Knox Gold - Historic Mysteries : 201217896Z According to the excel sheet the US Mint stores 312 tonnes in 9999 fine gold, spread over 3 depositories; Fort Knox 15 tonnes, Denver 100 tonnes, West Point 197 tonnes. Coin Great! Official records claimed 20,000 tons in the 1950s. The opinions and forecasts herein are provided solely for informational purposes, and should not be used or construed as an offer, solicitation, or recommendation to buy or sell any product. The audit, which includes facilities, roads, parking lots, fences and utilities that are each valued at $250,000 or more, involved 1,053 sites and encompassed researching, identifying, reviewing . Fort Knox - RationalWiki By Everett Millman Gainesville Coins . Day trip: Steve Mnuchin and his wife Louise Linton touched down in Kentucky earlier on Monday prior to the Treasury Secretary's tour of Fort Knox. From 1993 to 2008 the remaining 3 % of the gold reserves stored at the US Mint hasbeen audited I assume. Paul has introduced legislation that would require an independent audit of the 5,000 plus tons of gold bullion that is believed to stored in the Fort Knox, Kentucky vault. Is Gold in Fort Knox Real? Ron Paul Wants to Know - CNBC Instead, I was advised to contact the Treasury. Fort Knox is supposedly filled with 400 oz. 147.3 million ounces of gold is stored at Fort Knox. McConnell was part of a delegation of Kentucky politicians allowed inside the United States Bullion Depository at Fort Knox for the first time since 1974. When I logged in at my account at the FOIA website, I saw my request had disappeared. Submitted to: . After writing it Ive been trying to collect all audit reports dating from1974 1986. $800 weekly hand count free roll. Hisstatement 100 percent of the U.S. Governments gold reserves in the custody of the Mint has been inventoried and audited is impossible to confirm, as well see later on. As a result, the gold at the Bank [FRBNY] is considered unaudited. U.S. Army Cadet Command Headquarters is located inside the Fort Knox installation which is located roughly 35 miles south of Louisville, Kentucky. The last time Fort Knox was audited was in 1953, immediately after President Eisenhower was inaugurated. Few people have ever entered the vault,and while147.3 million ounces of goldallegedly exists inside, the accuracy remains in doubt. Lets read more about the audits at the FRBNY conducted under the continuing audits program, a quote from the 1981 report: The audit procedures followed [at the FRBNY] are essentially the same as those followed at Bureau of the Mint depositories, except that assay samples are not taken to verify the purity of the gold. (Back to top) CIVILIAN TIME MILITARY TIME CIVILIAN TIME MILITARY TIME 12:01 AM 0001 5:00 PM 1700 (Seventeen hundred) 5:00 AM 0500 10:00 PM 2200 10:00 AM 1000 (Ten hundred) 11:30 PM 2330 12:00 PM (Noon) 1200 12:00 AM . di After the gold was audited by the Continuing Audit committee all compartments were placed under Official Joint Seal. GOLD, RESERVES, REPORT(S), AUDIT, COMMITTEE FOR THE CONTINUING AUDIT, COMMITTEE, INSPECTOR GENERAL, ASSISTANT SECRETARY OF THE TREASURY FOR INTERNATIONAL AFFAIRS, BUREAU OF FISCAL SERVICE, and BUREAU OF GOVERNMENT FINANCIAL OPERATION. What his dogged FOIA requests have failed to reveal, unfortunately, is anything that would put the questions about the Fort Knox gold to rest. Fort Knox Is So Mysterious And Heavily Guarded, Only One US President Every year the gold in Fort Knox is audited by checking the official joint seals that were placed on all vault compartments during the continuing audits of U.S.-owned gold from 1974 until 1986, when allegedly 97 % of the (Deep Storage) gold was inspected. The US official gold reserves are the worlds greatest by far at 8,134 metric tonnes. In addition to the gold bricks, Bevin said he got to hold a 1933 double eagle, a $20 gold coin that was never circulated. Between July 1983 and July 1985 the gold was audited in accordance with the plan approved by the Treasurer, as follows. He said it took 'quite a bit of time' to get in and out of the facility, and said officials had to cut a seal to open the vault for them. The Gold-Backed-Oil-Yuan Futures Contract Myth, Estimated Chinese Gold Reserves Surpass 20,000t. Select stock location for your desired country in the dropdown to view our inventory available in that country. Over 640,000,000 ounces of real money sat behind those massive locked doors. Gold verification at Fort Knox March 1998, page 1. The door weighs 22 tons and is 21 inches thick, and the roof is bomb proof. Gold Reserve Transparency Act would count all the gold held by - Medium The Facebook predator who lured schoolgirls to run away with him is one of 7,000 sex fiends who offended Do not sell or share my personal information. Ron Paul - Audit Fort Knox (the gold dipped tungsten bars) In 1974, after the US closed the gold window, congressional support grew for inquiring into the US gold stock. Did The Dutch Central Bank Lie About Its Gold Bar List? I also want to assure you that the physical security over the gold reserves is absolute. By Patrick A. Heller. Mnuchin said it was the first time Fort Knox opened its vaults to outsiders since a Congressional delegation and some journalists were let in to view the gold for the first time in 1974. 35 % first buy in bonus! Internal Review & Audit Compliance :: U.S. Army Fort Knox: Gold when was the last time fort knox was audited - hugs.finance While this sum is unreasonable, a crowdfunding campaign donated the total in less than 24 hours (strangely enough, the Mint never actually cashed Kooss check, and nearly all of the money was eventually refunded.). Mnuchin's Visit to Fort Knox l JM Bullion They could only find 2 reports I didnt posses previously, of the audits conducted in 1985 and 1986. The facility also featuresvideo cameras, motion detectors, and secret microphones, all set to pick up the presence of anyone or anything that doesn't belong. Senator from Kentucky, where Fort Knox is located. Not only were the vault compartments at the FRBNY exempt from being sealed, in addition, for an unknown reason assay tests were never performed at the FRBNY! July 1986 12,477,777.638 [this number Icopied from the 1986 report]. The gold vault at Fort Knox is "encased in 16,000 cubic feet of granite and 4,200 cubic yards of cement." Murdaugh is heckled as he leaves court, Moment teenager crashes into back of lorry after 100mph police race, Ken Bruce finishes his 30-year tenure as host of BBC Radio 2, Family of a 10-month-old baby filmed vaping open up, Missing hiker buried under snow forces arm out to wave to helicopter, Insane moment river of rocks falls onto Malibu Canyon in CA, Fleet-footed cop chases an offender riding a scooter, Ukrainian soldier takes out five tanks with Javelin missiles.