Rand Paul Visits Fort Knox, Says Gold Is There and Uses Inspection to Warn About Inflation
- Senator Rand Paul visited the United States Bullion Depository at Fort Knox, confirming the presence of approximately 147 million ounces of gold stored there and emphasizing the importance of an independent audit due to public concerns about the reserves.
- He highlighted that the U.S. dollar has lost 97% of its purchasing power since 1913 and over 85% since the U.S. left the gold standard in 1971, attributing inflation to unlimited Congressional spending and Federal Reserve money printing to cover deficits.
- The last full audit of the gold reserves at Fort Knox was conducted in 1953, with a partial audit in 1974, leading to calls for more frequent and independent verification.
- Prices have risen by 25% over the last five years, which Paul linked to deficit spending and unbalanced budgets contributing to inflation and the weakening of the dollar.
18 Articles
18 Articles
Rand Paul Goes Underground at Fort Knox to Inspect America’s Gold —
Rand Paul Goes Underground at Fort Knox to Inspect America’s Gold — VIDEO Senator Rand Paul of Kentucky went underground at Fort Knox on Monday to inspect America’s gold reserves. The visit put fresh attention on the nation’s bullion holdings—and on the long-running questions surrounding what is actually stored inside the heavily guarded facility. According to the U.S. Mint, the last full audit of the gold reserves held at Fort Knox took place i…
Rand Paul Sounds Alarm After Touring Fort Knox
Kentucky Republican Sen. Rand Paul finally got his long-desired look inside the U.S. Bullion Depository at Fort Knox this week and used the visit to spotlight the erosion of the American dollar’s value. Paul toured the facility on Monday before speaking with reporters at the Fort Knox Welcome & Visitors Center as part of a multi-city swing across Kentucky. “For many years I’ve wanted to see the gold, so I went down and saw it, and it’s impressiv…
Rand Paul Goes to Fort Knox
Senator Rand Paul headed to Fort Knox this week to see the nation’s gold. According to the U.S. Mint, the gold was last inspected in 1974. “The Congressional inspection adheres to the new open door policy of the government announced by President Ford,” former Mint Director Mary Brooks said at the time. “Treasury Secretary William E. Simon issued the invitation to Congressmen to inspect the gold at Fort Knox.” “I’m at Fort Knox. We’ve come to see…
Rand Paul Reveals What He Found Inside Fort Knox
Sen. Rand Paul got a long-awaited look inside the U.S. Bullion Depository at Fort Knox on Monday, calling the massive federal gold reserve “impressive” before using the visit to sound the alarm over inflation and the declining value of the U.S. dollar. The Kentucky Republican toured the facility before speaking with reporters at the Fort Knox Welcome & Visitors Center as part of a multi-city swing across the state that also includes stops in She…
Fort Knox mystery solved… by Rand Paul?! – The Horn News
For years, the rumors have swirled around Fort Knox, the U.S. Army base in Kentucky. The U.S. Bullion Despository at Fort Knox holds a large share of America’s official gold reserves. But there has been no official audit of the gold since the 1970s. That has led some people to wonder whether the gold is there at all — or whether some of the gold is missing or has been replaced. Well, the mystery may have finally been solved, thanks to Kentucky S…
Coverage Details
Bias Distribution
- 100% of the sources lean Right
![[your]NEWS](/_next/image?url=https%3A%2F%2Fgroundnews.b-cdn.net%2Finterests%2Ffb6dc495f74049f513563c33352175eaa0ecd509.jpg%3Fwidth%3D60&w=128&q=75)
Factuality
To view factuality data please Upgrade to Premium
