Ron Paul calls for audit of US gold reserves
What US gold reserves?
Since 1972 (Nixon following orders), the US has not pegged its paper money to a gold standard and many people are questioning where went the gold in Fort Knox. The rumor is that the Federal Reserve of New York may have sent theirs abroad to persons unknown as well.
Shades of the 1930s, FDR, and the financing of Nazi war plans!
So why not clear up the rumors and calm jittery nerves since it’s supposedly the job of the Fed to keep the populace feeling confident in our financial system?
Rep. Ron Paul: “If there was no question about the gold being there, you think they would be anxious to prove gold is there,” he said.
The obviously disturbing answer is that they can’t prove a negative. Therefore, with Paul’s recent Audit the Fed legislation weakened in Congress (with help from banking’s ‘special interests’) his new call to Audit US Gold Reserves is music to this skeptic’s ears.
Either US gold reserves are on hand to back up the dollar or they aren’t.
The American people deserve to know and we also deserve accountability and legal actions to be taken if Fort Knox is found to be empty.