& Medal Programs, Tours The event, Sept. 23, 1974, is often inaccurately called the last audit of Fort Knox. Senate Majority Leader Mitch McConnell and other Kentucky politicians went to the United States Bullion Depository at Fort Knox for the first time since 1974, Reassurance: Treasury Secretary Steve Mnuchin tweeted out thanks to the US Mint and confirmed that the gold is all safe. Is There Really Any Fort Knox Gold - Historic Mysteries By Jennifer Liberto @ CNNMoney June 24, 2011: 11:58 AM ET. The door weighs 22 tons and is 21 inches thick, and the roof is bomb proof. Written by Jan Nieuwenhuijs, originally published at Voima Gold Insight. Senator from Kentucky, where Fort Knox is located. This is largely due to a well-circulated rumor during the 1970s that the vaults had been emptied by elites in banking in government, either leased out or confiscated. PDF ICMI Gold Mining Audit Report - International Cyanide Management Code Text Alerts, Contact Fort Knox Is So Mysterious And Heavily Guarded, Only One US President Three out of thirteen compartments at Fort Knox were audited for inventory and samples were assayed and compared to records currently held by the Mint. Sets, Commemorative Gold all there when Ft. Knox opened doors - Numismatic News Coincidentally almost all the gold assayed by the OIG from 2004 2008 was 9999 fine. Mistakes That Created America As You Know It, What It Was Like to Enter Through Ellis Island, Uncivilized Moments on the Congress Floor, Heinous Policies Toward Children and Families, Times Another US Civil Conflict Almost Began, Proposed States and Territories That Almost Were, A History of Foreign Meddling in US Elections, 1812: The Biggest Mess in the Country's History, Fort Knox Is So Mysterious And Heavily Guarded, Only One US President Has Ever Been Inside, video cameras, motion detectors, and secret microphones. Many conspiracy theorists - like the Gold Anti-Trust Action Committee (GATA)- believe the gold doesn't really exist, there isn't as much as the government claims, or the government has sold it off for years. Over 640,000,000 ounces of real money sat behind those massive locked doors. 12/ As of September 30, 1984, 99.9 percent of the gold stored at the United States Denver Mint had been audited under the initial continuing audit program. Did The Dutch Central Bank Lie About Its Gold Bar List? The gold is held as an asset at a value of $42.22 per ounce. US Army Cadet Command Headquarters | Military Base Guide The depository holds more than 147 million ounces of gold, which puts its market value at more than $186 billion. By and large, the vast majority of the verification is done by checking Official Joint Seals. Fort Knox: "Glad Gold Is Safe!" - Miles Franklin Beginning in 1974, the auditors of the U.S. government's gold reserves held at Fort Knox, Ky., and at the U.S. Mint facilities in Denver, Colo., and West Point, N.Y. (which was named the West Point Bullion Depository from its opening in 1937 until it gained status as an official Mint in 1988), started a 10-year program to verify 100 percent of the gold reserves. Fort Knox: "Glad Gold Is Safe!". Select stock location for your desired country in the dropdown to view our inventory available in that country. The last time any gold was removed from deep storage at Fort Knox came in 1971, when $500 million worth of gold was delivered to the New York Assay Office. When thinking about these re-audits, threescenarios pop to mind: Why else wouldso much gold have been re-audited? By the end of 1982 the continuing audits committee, which consisted of BGFO and US Mint staff, was reorganized under the Department of the Treasury, Office of the Inspector General. Kinross - Fort Knox Mine April 22nd, 2021 Signature of Lead Auditor Page 2 of 47 . 2/ As of September 30, 1982, 100 percent of the gold stored at the depository [Fort Knox] was audited under the initial continuing audit program. Same story at the US Mint and US National Archives. Official Joint Seal inspection records from Fort Knox, June 1998 (courtesy of Koos Jansen through Freedom of Information Act). The controversial 'trauma expert' interviewing Prince Harry: Gabor Mat was warned by the Canadian A big Beckham birthday! The speculation has also been amplified by the degree of secrecy surrounding the reserves: Since the depository opened seven decades ago, the only time any member of the public has been permitted inside the facility was when members of the media were (however briefly) invited in on September 23, 1974. He tweeted " Glad gold is safe! Quoting from the 1981 report: Gold at the Federal Reserve Bank of New York is audited periodically by examiners of the Board of Governors of the Federal Reserve System, Members of the Committee for Continuing Audits of United States Government-owned Gold representing the Mint and BGFO observed the audits at the invitation of the Board and the Federal Reserve Bank. . Government-owned gold for which Treasury is accountable. Instead, I was advised to contact the Treasury. 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. In August 2017, US Treasury Secretary Steve Mnuchinvisited the gold vault at Fort Knox and, along with a few other politicians, surveyed the site. Lets recap what weve studied in the previous posts. Shipping within the United States Last time Fort Knox was audited was in 1953 and even then only - reddit Ron Paul worries Fort Knox gold is gone. The assayer is unknown and there was no assay report included in the audit report. It saves time and labor costs. Thats everything we have, or are aware of. Gold at Fort Knox? Donald Trump Doesn't Think So | Kitco News Republican frontrunner Donald Trump hinted at the idea that there just might be no gold in the U.S. In short, the US National Archives could not extradite the 7 audit reports I requested. Metal Coins, back to The Fort Knox facilitys reputation is thanks to its world-renowned system of security measures, from countless cameras to U.S. Mint Police guards, military helicopters, land mines, fences of barbed and electric wire, and a virtually impregnable vault door. when was the last time fort knox was audited The US government wished to open the vaults of audited gold to lease or sell the metal on the open market. It basically coveredby 1986, 97 percent of the Government-owned gold held by the Mint had been audited and placed under joint seal. In June 1975, the Treasury Secretary authorized and directed a continuing audit of U.S. 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. Our staff conducted a search using the National Archives Holdings Management System under the following records group numbers: RG 50 Treasurer of the United States, RG 56 General Records of the Department of the Treasury, RG 82 Federal Reserve System, RG 101 Office of the Comptroller of the Currency, RG 104 U.S. Mint, and RG 425 Financial Management Service. The coin bars topic, which ties together with the existence of the US official gold, deserves a thorough study to be expanded upon in a separate post. I also want to assure you that the physical security over the gold reserves is absolute. While investigating facts about Fort Knox Federal Credit Union and Fort Knox Safes, I found out little known, but curios details like: The Federation of Quebec Maple Syrup Producers has a "Fort Knox" vault of Maple Syrup. The monetary gold stock of the United States totals 276.0 million fine troy ounces valued at $11.7 billion at the official rate of $42.2222 per fine troy ounce, and is stored in various federal depositories (table attached), the largest of which is at Fort Knox, Kentucky. Domestic and International Shipping from Singapore The 1974/1975 and 1978 reports refer to the audits conducted in 1974 and 1977. From the 1985 report: Thats 6 down, 7 more to go. Determined to uncover more about the bullion stockpile, BullionStars Koos Jansen submitted a number of Freedom of Information Act (FOIA) requests to the U.S. Mint. As required under the Cyanide Code, the mine was again audited against ICMI's Verification Protocol by independent professional third-party auditors within three . ByI forget which date it was, I believe by 1986, wehold on just one second here, I got it. The WORST care homes in England: Interactive map reveals the lowest-rated 2,530 residences - so is there one Do YOU know your Adam and Eve from your Ruby Murray? You requested access to audit reports of the United States Department of the Treasurys official gold reserves published by the Committee for Continuing Audit of the U.S. Doubts About America's Official Gold Holdings: The US Gold Reserve 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. If Ft. Knox Isn't Empty | Gary North -- Specific Answers