The bigger question I would ask is, where is all the gold that is supposed to be not only in U.S. 'reserves', but also the 'reserves' of every other central bank or government on the planet.
My guess is most of it has quietly been stolen by the same families that run the global usury Ponzi scheme. This has taken place over the course of decades, while the people in these various countries will be left holding a bag boasting a fetid stench.
This phony audit, combined with the draining vaults in London and their delivery problems, should be a clear signal to each and every person on the planet to buy what ever they can in the way of gold and silver. Hold it in your own custody and don't say a word to anyone about whether you have it. Not even to family, save for mentioning something about it in a private document so when you die, your family will have the documents to tell them where to collect it.
The entire world is about to go through a once in a thousand year event of global credit contraction as the Ponzi cracks become atomized fragments of dust.
Government cannot save you, as its purpose is to steal from you / your children and enslave you / your children, to the benefit of its donors. You must save yourself as you are responsible for the life you have. No one else, just you. Approach that knowledge with the utmost sobriety.
Completely agree, Bessent it might be said is telling porkies, though in a manner of speaking, he is correct to a degree, an audit was initiated, a Clayton’s audit, they, Treasury, it seems audited only the existing paperwork, the auditors attesting to the correctness of the documents they audited, that in and of itself does not constitute an audit, indeed we know that to undertake a full physical audit, would take a team of 20pax a full 18 months to complete.
No audit, certainly not a full physical audit has been undertaken for decades, hence, there is no way of knowing exactly … what is held by the U.S in the form of Gold, how it might have been hypothecated, nor how many times and to whom, if it’s been leased, its actual quality, nor importantly if it’s all there.
Of concern are the historical accounts that Sovereign States requesting the repatriation of their gold held in the custody of the U.S, that when requested the U.S Treasury obfuscated, delayed, and took time returning their property of these Sovereign allied states, that when gold was returned it was inferior to gold that had been sent, bar numbers returned from the U.S did not match records held the receiving nation state, in other words the entire experience was a cluster and chaotic, causing more doubt than answering directly points and questions raised.
The biggest question being … if as with Russias Forex, at the U.S behest the same was illegally confiscated, an act of politicising U.S treasuries and that has caused a lot of warranted concern amongst every other nation holding Western foreign exchange in their Forex reserves, with an equal amount of opprobrium now directed and held out of concern that allowing a third party to hold and or have custody of a sovereign states gold reserves is no longer a smart thing to do, that in essence each nation needs to be responsible to have in its own physical possession its own gold reserves… to that I say touché, ka Ching… the light bulb has gone off, finally common sense prevalent, I mean, ask yourself, would you just hand over your most valuable to your mate down the road to hold onto indefinitely on the promise that when asked or requested, they return it to you, if you think that behaviour is appropriate… good luck to you, expecting the same to be returned when demanded… is may I say.. truly wishful thinking.
Personally, I hold that anyone who did so, handing over their valuables to a third party, has no grounds to grouse and moan should it be found when requests for return of said possessions is made and there is silence, delay, excuses proffered together more unsolicited assurances that it’s still safer being and remaining in the custody of the third party vs any custodial interventions resulting the property owned being truly physical and being undertaken by its lawful owner.
In short there exists a bit of a pungent odour that surrounds U.S gold and anything to do with U.S gold.. it is an odour that needs to be sourced and eliminated before it completely overwhelms.. time to initiate a full physical audit…. just saying
I also read that there was a law that prevented any outside inspection of the gold at Fort Knox, and that this was part of the report during the Eisenhower administration. I don't know if that's true, but if it is, then how would any inspectors be able to perform a proper audit?
There’s no actual law that bans outside audits of the gold at Fort Knox. The problem isn’t legality—it’s access. The Treasury and U.S. Mint control the site, and they simply don’t allow independent inspections.
You might be thinking of Eisenhower-era policies that limited access for national security reasons. That set the tone, and over time, it became a “trust me, bro” situation. No real third-party audits, just internal "checks."
So the real issue isn’t a legal block—it’s political will.
-- "[Bessent] I can tell the American people on camera right now that there was a report—September 30th, 2024—all the gold is there. "
-- "[Lau Vegys] [W]ith both President Trump and Elon Musk publicly calling for an audit of Fort Knox, it might actually happen this time"
I don't think so. If Bessent is saying it so clearly, and given the temper of Trump for those who cross him, I have little doubt he's expressing Trump's preference to avoid this issue. Certainly for the time being.
"Any U.S. senator who wants to come and visit can arrange a visit through our office."
If, say, Rand Paul shows up, what will happen? Anyone else?
Well, I guess we’ll find out. Whether Trump’s comment was political theater or a serious intention, it shows the issue isn’t entirely off the table. Same with Musk—when people like him so much as float the idea of an audit, even half-seriously, it helps nudge the Overton window.
As for Bessent’s “any senator can visit” line—if Rand Paul or someone else actually tried to follow through, I’d be very curious to see how far they’d get. Either way, a “visit” doesn’t mean inspect, weigh, or audit.
The bigger question I would ask is, where is all the gold that is supposed to be not only in U.S. 'reserves', but also the 'reserves' of every other central bank or government on the planet.
My guess is most of it has quietly been stolen by the same families that run the global usury Ponzi scheme. This has taken place over the course of decades, while the people in these various countries will be left holding a bag boasting a fetid stench.
This phony audit, combined with the draining vaults in London and their delivery problems, should be a clear signal to each and every person on the planet to buy what ever they can in the way of gold and silver. Hold it in your own custody and don't say a word to anyone about whether you have it. Not even to family, save for mentioning something about it in a private document so when you die, your family will have the documents to tell them where to collect it.
The entire world is about to go through a once in a thousand year event of global credit contraction as the Ponzi cracks become atomized fragments of dust.
Government cannot save you, as its purpose is to steal from you / your children and enslave you / your children, to the benefit of its donors. You must save yourself as you are responsible for the life you have. No one else, just you. Approach that knowledge with the utmost sobriety.
Completely agree, Bessent it might be said is telling porkies, though in a manner of speaking, he is correct to a degree, an audit was initiated, a Clayton’s audit, they, Treasury, it seems audited only the existing paperwork, the auditors attesting to the correctness of the documents they audited, that in and of itself does not constitute an audit, indeed we know that to undertake a full physical audit, would take a team of 20pax a full 18 months to complete.
No audit, certainly not a full physical audit has been undertaken for decades, hence, there is no way of knowing exactly … what is held by the U.S in the form of Gold, how it might have been hypothecated, nor how many times and to whom, if it’s been leased, its actual quality, nor importantly if it’s all there.
Of concern are the historical accounts that Sovereign States requesting the repatriation of their gold held in the custody of the U.S, that when requested the U.S Treasury obfuscated, delayed, and took time returning their property of these Sovereign allied states, that when gold was returned it was inferior to gold that had been sent, bar numbers returned from the U.S did not match records held the receiving nation state, in other words the entire experience was a cluster and chaotic, causing more doubt than answering directly points and questions raised.
The biggest question being … if as with Russias Forex, at the U.S behest the same was illegally confiscated, an act of politicising U.S treasuries and that has caused a lot of warranted concern amongst every other nation holding Western foreign exchange in their Forex reserves, with an equal amount of opprobrium now directed and held out of concern that allowing a third party to hold and or have custody of a sovereign states gold reserves is no longer a smart thing to do, that in essence each nation needs to be responsible to have in its own physical possession its own gold reserves… to that I say touché, ka Ching… the light bulb has gone off, finally common sense prevalent, I mean, ask yourself, would you just hand over your most valuable to your mate down the road to hold onto indefinitely on the promise that when asked or requested, they return it to you, if you think that behaviour is appropriate… good luck to you, expecting the same to be returned when demanded… is may I say.. truly wishful thinking.
Personally, I hold that anyone who did so, handing over their valuables to a third party, has no grounds to grouse and moan should it be found when requests for return of said possessions is made and there is silence, delay, excuses proffered together more unsolicited assurances that it’s still safer being and remaining in the custody of the third party vs any custodial interventions resulting the property owned being truly physical and being undertaken by its lawful owner.
In short there exists a bit of a pungent odour that surrounds U.S gold and anything to do with U.S gold.. it is an odour that needs to be sourced and eliminated before it completely overwhelms.. time to initiate a full physical audit…. just saying
Kia Kaha (stay strong) From New Zealand
I also read that there was a law that prevented any outside inspection of the gold at Fort Knox, and that this was part of the report during the Eisenhower administration. I don't know if that's true, but if it is, then how would any inspectors be able to perform a proper audit?
There’s no actual law that bans outside audits of the gold at Fort Knox. The problem isn’t legality—it’s access. The Treasury and U.S. Mint control the site, and they simply don’t allow independent inspections.
You might be thinking of Eisenhower-era policies that limited access for national security reasons. That set the tone, and over time, it became a “trust me, bro” situation. No real third-party audits, just internal "checks."
So the real issue isn’t a legal block—it’s political will.
-- "[Bessent] I can tell the American people on camera right now that there was a report—September 30th, 2024—all the gold is there. "
-- "[Lau Vegys] [W]ith both President Trump and Elon Musk publicly calling for an audit of Fort Knox, it might actually happen this time"
I don't think so. If Bessent is saying it so clearly, and given the temper of Trump for those who cross him, I have little doubt he's expressing Trump's preference to avoid this issue. Certainly for the time being.
"Any U.S. senator who wants to come and visit can arrange a visit through our office."
If, say, Rand Paul shows up, what will happen? Anyone else?
Well, I guess we’ll find out. Whether Trump’s comment was political theater or a serious intention, it shows the issue isn’t entirely off the table. Same with Musk—when people like him so much as float the idea of an audit, even half-seriously, it helps nudge the Overton window.
As for Bessent’s “any senator can visit” line—if Rand Paul or someone else actually tried to follow through, I’d be very curious to see how far they’d get. Either way, a “visit” doesn’t mean inspect, weigh, or audit.