Ron Paul Calls for Audit of US Gold Reserves : Kitco News Exclusive

Ron Paul Calls for Audit of US Gold Reserves : Kitco News Exclusive

U.S. Rep. Ron Paul , R-Tex., plans to introduce a new bill next year that will allow for an audit of US gold reserves, he told Kitco News in an exclusive interview.

Paul dropped the news in the interview, indicating that the bill still does not have an official name yet but will be unveiled at the start of the new U.S. Congress.

“If there was no question about the gold being there, you think they would be anxious to prove gold is there,” he said of the Federal Reserve.

MORE DETAILS:

http://www.resourceintelligence.net/...xclusive/11231

This, of course, is another great domestic issue for Ron Paul next year, when he is on TV debates running for president. It goes well with his plan to audit the Fed and audit the SEC.

Does he think it isn't all there?

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Originally Posted by ChumpDumper

Does he think it isn't all there?

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Do you think government books, records, and reserves should be audited?

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Originally Posted by Galileo

Do you think government books, records, and reserves should be audited?

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You didn't answer my question.

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Originally Posted by ChumpDumper

Audited? Mmh. If I help you, Galileo, it will be "turns" with us too. Quid pro quo. I tell you things, you tell me things. Not about your point, though. About yourself. Quid pro quo. Yes or no?

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Originally Posted by ChumpDumper

You didn't answer my question.

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I don't care about your question. Its a stupid question.

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Originally Posted by Galileo

I don't care about your question. Its a stupid question.

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If you can't answer it, just say so, Rolf.

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Originally Posted by ChumpDumper

Does he think it isn't all there?

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I wouldn't mind a spot check, personally. Preferably done by an independent third party. I think there's been enough financial tomfoolery to make me leery of trusting any finance-related official.

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Originally Posted by ChumpDumper

If you can't answer it, just say so, Rolf.

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Why don't you call his congressional office if you are so curious. Do you think government institutions should be audited?

http://www.propublica.org/images/art...t_20090114.jpg

Don't worry...They'll never figure out we own Goldline....

Are they never audited? If they're not then I'd say thats an issue and I'm actually quite shocked. If they are then whats Paul's point?

This is going to anger the powers that be in the world. Hopefully, Ron Paul will survive long enough, politically or literally, to pull it off.

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This is going to anger the powers that be in the world.

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Way overblown. It might stir the hearts of a tiny, fervent minority.

2012 sad to say signifies RP's political afterglow.

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Originally Posted by Galileo

Why don't you call his congressional office if you are so curious.

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Why don't you say you don't know if you don't know, Rolf?

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Do you think government institutions should be audited?

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Define audit.

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Originally Posted by LnGrrrR

I wouldn't mind a spot check, personally. Preferably done by an independent third party. I think there's been enough financial tomfoolery to make me leery of trusting any finance-related official.

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I think back in the 70s there was some groundswell to see the gold in Fort Knox.

The press was allowed in.

The gold was there.

I'm fine with counting it. I'm sure when gold crashes again plenty of loons will accuse the gubment of flooding the market with Fort Knox gold.

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Originally Posted by LnGrrrR

I wouldn't mind a spot check, personally. Preferably done by an independent third party. I think there's been enough financial tomfoolery to make me leery of trusting any finance-related official.

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I agree.

It would be interesting to know when the last audit was done. I'll bet it's long overdue.

What are the repercussions if any is missing?

No Gold In Fort Knox!: In Case You Thought We Had Gold Reserves

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Originally Posted by ChumpDumper

I'm fine with counting it. I'm sure when gold crashes again plenty of loons will accuse the gubment of flooding the market with Fort Knox gold.

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You've got me on the 70's thing, before my time. Like I said, I see nothing wrong with some oversight, if said oversight doesn't exist (and doesn't have any potential conflicts.)

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Originally Posted by Wild Cobra

No Gold In Fort Knox!: In Case You Thought We Had Gold Reserves

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:lol So much fail in one link.

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Originally Posted by Wild Cobra

What are the repercussions if any is missing?

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well, people might find out we have fiat currency.

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Originally Posted by Galileo

well, people might find out we have fiat currency.

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Who doesn't know that?

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Originally Posted by ChumpDumper

Who doesn't know that?

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Everyone who isn't a Ron Paul fanatic. Or at least that seems to be what they think.

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Originally Posted by ChumpDumper

Who doesn't know that?

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lots of people don't know who Abraham Lincoln is.

This thread is turning out to be a real winner.

@Galileo:

Quit clearing your throat and just say it.

But again...if there is nothing to hide, why the resistance or the requirement for a bill?

National security?

GWB, in retrofitting the national security state for terrorism, pioneered a new era of government secrecy that is swiftly becoming customary under Obama.