Is there Gold in Fort Knox?

Armstrong Economics


Is there gold in Fort Knox? That question is completely irrelevant. Why? Will it really make a difference? The stories of no gold in the vault are just spun by people so desperate to support a gold bull market it is just crazy. I was given a tour of the NY Fed years ago and there was gold there. The US started going after the Swiss and threatening to seize their assets here in the USA for hiding Americans with assets. Without fanfare, the Swiss quietly took ALL their gold and moved it out of the USA. The stories spun around Germany were nonsense as well.

Try looking at this dispassionately. This is not the stuff that is going to make gold rise. We do not need this type of tin-foil hat nonsense to create a bull market and it really does FAR MORE damage than the Goldbugs suspect. People…

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