How Much Gold is in Fort Knox?
The World Gold Council, an authority on gold markets states the United States holds 8,133.5 tons of gold, an amount equivalent to 75 percent of the total U.S. reserves, and approximately 26.5 percent of the World's gold. Of this gold, the Federal Reserve Bank of New York that's gold vault is shown below holds 5 percent of the United States' gold according to CNN Money. Denver and West Point also hold U.S. gold according to 'America's Book of Secrets' which also claims only a Presidential order can reveal Fort Knox's contents.
Federal Reserve Bank of New York via Public Domain
Fort Knox, also known as the 'U.S. Bullion Depository', is believed to hold an unconfirmed amount of gold. The World Gold Council claims Fort Knox holds4,600 tons of gold, or 147.89 million Troy ounces. Moneywatch states Fort Knox holds 147.3 million ounces of gold, an amount closer to 4,582 tons of gold. Maybe someone miscounted a mere 18 tons of gold valued at roughly $.946 trillion at $1,635 per Troy ounce.
If Fort Knox actually holds this much gold then the U.S. holds approximately $1.261 trillion in reserves if the World Gold Council statistics are referring to percent of U.S. reserves in terms of value and not weight. This would be very encouraging were it not for the fact Fort Knox has not been formally audited in recent times per Congressman Ron Paul (R) of Texas.



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