http://www.ingoldwetrust.ch/a-first-glance-on-us-official-gold-reserves-audits
I probably missed this story because I didn’t have blog when this
came out in 2011, but apparently the official gold reserves of the
United States are being audited every year. I thought the last audit was
done in 1974, based on information from the mainstream and alternative
media; darn media! Though I haven’t been the only one who has ever been
misinformed on this subject.
Ron Paul, who was a a well informed member of the US House of
Representatives in 2011, proposed new legislation at the time to have
yearly audits of the US official gold reserves: The Gold Reserve
Transparency Act (not enacted).
Only during the preparation of the congressional hearing Dr Paul became
aware there had been yearly audits in recent decades. Strangely the
biggest proponent of a gold standard in US politics didn’t have access
to this information prior to the investigation. From Paul’s opening
statement at the hearing June 23, 2011:
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