Articles related to Fort Knox |
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![](http://www.24hgold.com/24hpmdata/photoauteurs/george_f_smith.jpg) | George F. Smith - Barbarous Relic |
Fielding my grandson’s questions about gold and banking |
My grandson had quite a day at school.He had learned that the economy had been suffering from things called Panics, capital P, during the 19th century and had another big one in the early 20th century.He had been told that responsible, public-spirited men like J. P. Morgan had organized a central bank to prevent those Panics.He and other bankers finally got the government to go along with their idea and pass it into law in late 1913.And wouldn’t you know it — we’ve had no more Panics since then.Thursday, December 24, 2020 |
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![](http://www.24hgold.com/24hpmdata/photoauteurs/mike_maloney.jpg) | Mike Maloney - Goldsilver |
Common Gold Silver Pitfalls to Avoid ![](../style/all/img/articles/Large_5.png) |
Investing in gold and silver may seem simple and straightforward, however it is not.
There are many types of ( quote, unquote ) "investments" in gold and silver you will want to avoid.
Gold and silver dealers are no different from any other industry or crowd of people.
Within our industry you will find many good honest professionals and organizations, but you will also find some bad outfits whose practices can be described as underhanded, even criminal.
Being the Managing Director ofMonday, November 16, 2020 |
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![](http://www.24hgold.com/24hpmdata/photoauteurs/hugo_salinas_price.jpg) | Hugo Salinas Price - plata.com.mx |
The Gold Standard: Generator Protector Of Jobs ![](../style/all/img/articles/Large_5.png) |
The abandonment of the gold standard in 1971 is closely tied to the massive unemployment the industrialized world has suffered in recent years; Mexico, even with a lower level of industrialization than the developed countries, has also lost jobs due to the closing of industries; in recent years, the creation of new jobs in productive activities has been anemic at best.Saturday, June 27, 2020 |
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![](http://www.24hgold.com/24hpmdata/photoauteurs/fofoa.jpg) | FOFOA - FoFOA |
Fiat 33 ![](../style/all/img/articles/Large_3.png) |
"Sir, I would say, "Old World Order" to return.
To understand/explain better: A very easy way
to view this "order", would be to simply say that
the American Experience is reaching the end! As we know,
world war two left Europe and the world economy destroyed.
Many thinkers of that period thought that the world was about
to enter a decades long depression as it worked to rebuild real
assets lost in the conflict. It was this war that so impacted the
idea of looking positively toward the fuSunday, June 21, 2020 |
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![](http://www.24hgold.com/24hpmdata/photoauteurs/Russel_McDougal.jpg) | Russel McDougal - Inv. Daily Edge |
The Ghost of Fort Knox Past: Part 3 ![](../style/all/img/articles/Large_4.png) |
We’ve been looking into an extremely complex and controversial issue over the past two weeks. Does Ft. Knox contain the historical gold it claims? Gold no longer backs our circulating money. Still, those who hold fiduciary responsibilities to safeguard our gold are the ones who actually do issue our money. If you can’t trust them with the gold, how can you trust them with the money?Saturday, May 30, 2020 |
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![](http://www.24hgold.com/24hpmdata/photoauteurs/Stewart_Dougherty.jpg) | Stewart Dougherty |
Fort Knox, Fort Hocks or Fort Shocks: Three United States Gold Scenarios ![](../style/all/img/articles/Large_4.png) |
For 72 years, the building at the intersection of Bullion Boulevard and Gold Vault Road in Fort Knox, Kentucky has symbolized the financial strength of the United States of America. The United States Bullion Depository, better known as Fort Knox, is said to contain 147.3 million troy ounces of gold, over half the nation’s total reported gold bullion holdings of 261.5 million troy ounces. The remaining 114 million ounces are said to be stored at the Denver and Philadelphia Mints, the West Point Bullion Depository, and the San Francisco Assay Office. Assuming a price of $1,000 / ounce, the nation’s gold is worth $261.5 billion. If the metal is actually there, it represents the largest sovereign stockpile of gold bullion in the world.Sunday, May 17, 2020 |
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![](http://www.24hgold.com/24hpmdata/photoauteurs/charleston_voice.jpg) | Charleston Voice |
Fort Knox Looted of 7,000 Tons of Gold in 1973-1974 says 1981 Article! ![](../style/all/img/articles/Large_4.png) |
This imaged article from 1981 and excerpted commentary below it will set the landscape for the scandal that is just now unraveling before the world. To date, we have not been able to uncover any official refutations, disclaimers or denials from the USG or Federal Reserve.
for larger view: http://www.knology.net/~bilrum/811215_FtKnoxGold_globe.jpg
To read - Enlarge Image
Dr. Peter David Beter - Audio Letter No. 70.
"AUDIO LETTER(R)" is a registered trademark of Audio Books, Inc., a Texas cWednesday, April 22, 2020 |
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![](http://www.24hgold.com/24hpmdata/photoauteurs/Mickey_Fulp.jpg) | Mickey Fulp - Mercenary Geologist |
Gold, Silver, and the US Dollar: 1792-1971 |
In today's musing, I review the history of gold, silver, and fiat currency as money in the United States of America. I document how various wars, panics and depressions, Congressional acts, and executive orders have affected the US dollar prices of precious metals and resulting gold-silver ratios.This musing covers the period from 1792 when the United States government first established a national currency backed by gold and silver untilMonday, April 6, 2020 |
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![](http://www.24hgold.com/24hpmdata/Photoauteurs/andy_hoffman.jpg) | Andy Hoffman - Miles Franklin |
Silver Purchasing Power |
This article was written for Miles Franklin by Gary Christenson.
We know:
a) Federal Reserve and U.S. government policies devalue the dollar—down about 98% since 1913.
b) US. government spending is out of control, increases every year, regardless of revenues, and shows no sign of plateauing or declining.
c) Few people encourage balanced budgets and LESS spending. All government agencies, lobbyists, congresspersons, military contractors, and many corporations encourage MORE spending, and by necesWednesday, March 14, 2018 |
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![](http://www.24hgold.com/24hpmdata/Photoauteurs/andy_hoffman.jpg) | Andy Hoffman - Miles Franklin |
Debt and Delusions – Part 2 |
This article was written for Miles Franklin by Gary Christenson. Part one is available here.
The problem with debt is the creditor expects to be repaid.
Sovereign debt will be “rolled over,” never extinguished, and repaid with new debt. We delude ourselves and pretend total debt will increase forever (it can’t). That explains global debt exceeding $230 trillion today and official U.S. government debt approaching $21 trillion, with unfunded liabilities adding another $100 – $200 trillion. There aSaturday, March 10, 2018 |
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![](http://www.24hgold.com/24hpmdata/photoauteurs/Stewart_Dougherty.jpg) | Stewart Dougherty |
Mr. President, If We Don’t Have Gold, We Don’t Have a Country |
“Passivity is fatal to us. Our goal is to make the enemy passive. … Communism is not love. Communism is a hammer which we use to crush the enemy.” Mao Tse-tung, proclaiming the founding of the People’s Republic of China, 1949Circumstantial evidence is mounting high that there is something seriously wrong with the amount of gold reportedly owned by the United States government, or more precisely, the American people.After nearly two generations of being brainwashed into believing that gold is a mWednesday, March 7, 2018 |
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![](http://www.24hgold.com/24hpmdata/photoauteurs/Mark_O_Byrne.jpg) | Mark O'Byrne - gold.ie |
Russian Central Bank Buys Gold – 600,000 Ounces Or 18.7 Tons In January As Venezuela Launches ‘Petro Gold’ |
– Russian central bank buys gold – large 600,000 ounces or 18.7 tons of gold in January– Russia increased its holdings to 1,857 tons, topping the People’s Bank of China’s ‘reported’ 1,843 tons
– Russia surpasses China as 6th largest holder of gold reserves – after U.S., Germany, IMF, Italy and France– Turkish central bank added 205 tons “over 13 consecutive months” – Commerzbank– Meanwhile, Russian ally Venezuela is launching a new gold-backed cryptocurrency next week
Russia has overtaken ChinaFriday, February 23, 2018 |
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![](http://www.24hgold.com/24hpmdata/Photoauteurs/andy_hoffman.jpg) | Andy Hoffman - Miles Franklin |
The Right Question… |
Last week I mentioned that my grandson Josh (Andy’s boy) was accepted at McGill University in Montreal, the University of Indiana’s business school and the University of Michigan. He is interested in pursuing a degree in business and is taking all the requisite (advanced) classes in economics.
He called me yesterday and asked me, “Which Fed Policy would be better, Quantitative Easing or Tapering and what can be done to make things better?” Geese Louise! When I was his age the only question I Wednesday, February 14, 2018 |
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![](http://www.24hgold.com/24hpmdata/Photoauteurs/andy_hoffman.jpg) | Andy Hoffman - Miles Franklin |
Dollar Destruction and Inexpensive Commodities |
Americans buy groceries with dollars. Most of the world buys crude oil with dollars. World trade depends upon dollars. That is changing but for now, it’s a fact.
SO WHAT?
If dollars weaken against other fiat currencies and against commodities, it takes more dollars to buy the same stuff. That extra-hot, sugar free, half-caf, soy latte for five bucks could be priced at seven bucks next year. Gasoline in the U.S. was $0.25 fifty years ago and now it’s ten times more expensive. Slow or fast, dollTuesday, January 30, 2018 |
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![](http://www.24hgold.com/24hpmdata/photoauteurs/jimwillieCB.jpg) | Jim Willie CB - Hat Trick Letter |
Silver as a Strategic Metal and Why Prices Will Soar ![](../style/all/img/articles/Large_5.png) |
The arguments in favor of silver as an investment asset are growing rapidly. In the opinion of the Jackass, silver is the most under-valued hard asset in existence, with the highest potential for price appreciation on the globe. To begin with, central banks own no silver, but do own huge tracts of gold. Industry has huge demand for silver, but a trifling amount for gold demand. The investment demand is another key factor in favor of silver, but also for gold. Ever since the tech telecom bust in Sunday, January 21, 2018 |
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![](http://www.24hgold.com/24hpmdata/photoauteurs/ronan manly.jpg) | Ronan Manly - Bullion Star |
US Gold Reserves, Of Immense Interest to Russia and China |
Recently, Russian television network RT extensively quoted me in a series of articles about the US Government’s gold reserves. The RT articles, published on the RT.com website, were based on a series of questions RT put to me about various aspects of the official US gold reserves. These gold reserves are held by the US Treasury, mostly in the custody of the US Mint. The US Mint is a branch of the US Treasury.
The first of these articles, published by RT on 30 December 2017, is titled “US gold ofFriday, January 19, 2018 |
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![](http://www.24hgold.com/24hpmdata/photoauteurs/Chris_Powell.jpg) | Chris Powell - GATA |
U.S. gold reserves are not good enough to be tradable, expert tells Russia Today |
From Russia Today, Moscow
Saturday, December 30, 2017
https://www.rt.com/business/414610--us--low--quality--gold/
The United States doesn't let anyone see its gold reserves. Even if the Treasury has the number of billions it claims, they are not tradable, warns Singapore's BullionStar precious metals expert Ronan Manly.
The U.S. government claims to hold 8133.5 tonnes of physical gold in its official reserves. Fifty-eight percent is reportedly held in Fort Knox, Kentucky, 20 percent at West PoinSunday, December 31, 2017 |
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![](http://www.24hgold.com/24hpmdata/photoauteurs/jason_hamlin.jpg) | Jason Hamlin - Gold Stock Bull |
Gold and Silver versus Twilight Zone Bubbles |
Every bubble inflates, rises vertically, excites the masses (get rich now – don’t be left behind), appears unstoppable and crashes. The sun rises and sets. Twilight emerges.
Empires, markets, and ideas enter their twilight zone where huge changes occur. Those changes may not happen next week or next month, but soon. Expect the bubbles in stocks and bonds to burst, as they inevitably must, and precious metals to rise – finally!
Consider the following bubble examples: Amazon, Apple and Bitcoin.
Friday, December 1, 2017 |
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![](http://www.24hgold.com/24hpmdata/photoauteurs/gary_christenson.jpg) | Gary Christenson - Sprott Money |
Rob From The Middle Class Economics - Gary Christenson |
Much of our financial world functions as a “Rob from the Middle
Class” economy. The system robs from the middle class and poor via
“money printing” and inflation of the currency supply!
The rich get richer and the poor get poorer.
Little benefit comes from complaining about the process or
fighting it. Understand the process, work around it, and use it
constructively.
Explaining Our Rob from the Middle Class Economy:
Governments, individuals, pension funds and corporations are
increasinglySaturday, November 25, 2017 |
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| Sprott Money |
Rob From The Middle Class Economics - Gary Christenson |
Much of our financial world functions as a “Rob from the Middle
Class” economy. The system robs from the middle class and poor via
“money printing” and inflation of the currency supply!
The rich get richer and the poor get poorer.
Little benefit comes from complaining about the process or
fighting it. Understand the process, work around it, and use it
constructively.
Explaining Our Rob from the Middle Class Economy:
Governments, individuals, pension funds and corporations are
increasinglySaturday, November 25, 2017 |
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