Has Anyone Tried To Break Into Fort Knox
Has Anyone Tried To Break Into Fort Knox – Louisville, Ky. () – Sunglasses in hand, Senator Mitch McConnell and the US Secretary of the Treasury stood in front of one of America’s most mysterious structures.
“It’s like the mother of all field trips — it’s great,” Gov. Matt Bevin said in a radio interview.
Has Anyone Tried To Break Into Fort Knox
Invited by Secretary Steve Mnuchin, Governor Bevin took a once-in-a-lifetime tour of Fort Knox’s gold vault, dispelling rumors and confirming that the gold still exists.
Fort Knox Box
It’s been forty years since civilians entered the mysterious hall and in 1977 the cameras were there.
Former journalist Chuck Olmsted said in a 1993 article about Fort Knox: “A huge door that opens to reveal gold bars inside. The last time a news camera was seen inside was in 1977. Permission granted.”
“This letter from the US Mint stated in 1978 that the interior plans and structure were classified,” he said in the article.
Rows of gold bars that civilians hadn’t seen again until yesterday – and yes, the governor confirmed that the gold is still there.
Safe Deposit Boxes Aren’t Safe
“It’s actually a staggering amount of it. I haven’t seen every part, but the amount I’ve seen — it’s impressive. It’s really amazing how much there is,” Bevin said.
But for now, most of us will have to rely on the last look we got years ago with Olmsted.
“For now, the United States Mint intends to firmly close the doors of the world’s most famous vault,” Olmsted said in the article.
Governor Bevin is the first governor to enter the vault. In fact, only one US president has ever been inside, and that was in 1930 when Franklin Roosevelt went to Fort Knox to dedicate the building when it opened. The SPDR Gold Trust (GLD) holds large amounts of gold in vaults from time to time. Its subsidiary guardian, the Bank of England. We know this because it is disclosed in GLD’s quarterly and annual filings with the SEC. In fact, the SEC is forcing GLD to disclose these facts about GLD’s subsidiaries in its filings. Why then sponsor GLD (a subsidiary of Global Gold … Continue reading
Fort Knox Memorial Day Ceremony
The collapse of crypto exchange FTX and sister trading firm Alameda has sent shockwaves through the crypto sector and broader financial markets. Customers were ripped off and billions of dollars were lost from a system that operated as a fractional deposit system. With Chapter 11 bankruptcy proceedings now underway, the truth about what really happened to FTX, until it is … Continue reading
When the International Gold Council released a report this week that said central bank gold demand hit a record 400 tonnes in the third quarter, the data was stark, more than three-quarters of the claimed demand. There were “speculations”. This estimate was from Metal Focus and is based on “confidential information” so cannot be confirmed. Nevertheless, the mainstream … Continue reading
With global demand for physical gold burning in all cylinders and silver stocks rapidly draining from the LBMA and COMEX vaults in London and New York, the silver supply problem is indeed very concerning to many. is big why? Because at least 50% of COMEX eligible silver is considered a long-term investment and is not part of delivered silver. And… Continue reading
As the world media descends on Qatar ahead of this year’s FIFA World Cup, it is interesting to note that the Qatar Central Bank (QCB) has been the largest buyer of gold since 2022 and for five consecutive years. He buys gold in months. Between April And as of August, Qatar’s central bank now holds 77 tons of gold, a six-fold increase in gold reserves… Continue reading
Fort Knox & Penobscot Narrows Bridge To Open For Visitors May 1st
Global demand for physical silver is driving an unprecedented outflow of silver from the LBMA’s London vaults. This has netted London vaults 254.5 million ounces (7915 tonnes) over the past 9 months, and London’s silver reserves are now down to 28,500 tonnes, of which 18,500 tonnes are held by ETFs. Silver is firing on all cylinders … Continue reading
The Eurasian Economic Union may launch a new infrastructure for precious metal prices. A Russian-led regional coalition is proposing the Moscow International Standard to assume monopoly status of the LBMA. The new infrastructure, designed by leading Russian economist Sergei Glazjev, could, if it gets off the ground, attract members from both … Continue reading
A U.S. federal court indicted JP Morgan head of precious metals trading Michael Novak and gold trader Greg Smith over an eight-year period for attempting to manipulate precious metals prices, committing commodity fraud, wire fraud and manipulating precious metals prices. He has been convicted of fraud. Novak was also a board member of the London Bullion Market Association (LBMA) until he was prosecuted … Continue reading
A new gold exchange called India International Bullion Exchange (IIBX) has just launched in Gift City, Gujarat, India. IIBX offers spot gold contracts backed by wallet bullion and trades allowing Indian jewelery companies to import gold through the exchange. But will IIBX help India set the gold price or become the world’s largest … Continue reading
Could Goldfinger Really Break Into Fort Knox?
Physical inventories of silver in London’s LBMA vaults have fallen for seven months and are now at their lowest level since December 2016. Additionally, this is the first time since November 2016 that the LBMA’s silver inventory has fallen below one billion ounces. London ETFs account for nearly 65% of LBMA silver holdings, and when you consider … Continue reading
Despite the manipulation of precious metals prices, JP Morgan is still at the heart of the LBMA, SBMA and COMEX.
The current US trial against a group of former JP Morgan balloon traders for price manipulation in New York, London and Singapore is just the latest in a saga that has seen JP Morgan pay $920 million after admitting criminal wrongdoing. However, this has not stopped the LBMA, SBMA and COMEX from continuing to allow only JP Morgan to operate … Continue reading
In a new article for British news and current affairs site Imagery, legendary gold sector executive Peter Hambo claims the BIS and central banks are rigging gold prices. They do this, says Hambro, to hide their view of inflation and reduce the price of physical gold with unlimited “paper gold” … Continue reading
Fright At The Fort Returns To Prospect, Maine This Weekend
As tensions between Russia and the West escalate, gold remains at the forefront of geopolitics. As Russia prepares its sovereign precious metals fund to quickly trade gold in the event of military mobilization, the European Union is discussing new Russian sanctions to target gold. New Russian laws may soon classify all … Continue reading
The next governor of the Czech Central Bank plans to massively increase Czech gold reserves from 11 tons to 100 tons. This is a tenfold increase. This is the result of large purchases of gold by the central banks of Poland and Hungary in recent years. What is the relationship? All three countries are members of the Visegrád Group, a strict economic and … Continue reading
For the first time, Portugal’s central bank allowed journalists to take pictures of the gold in its vaults in Carrigado, outside Lisbon. And the pictures are quite impressive. In addition to the 172 tons of gold in this treasury, the Portuguese claimed to have more gold in the Bank of England. The problem is that all the Portuguese in London are gold … Continue reading
Although the Central Bank of Lebanon claims to have the second largest currency reserves in the region, the reality is more complex. In 2019, outside auditors were prevented from even looking at gold in bank vaults in Beirut. In addition, much of Lebanon’s gold is believed to have been handed over to New York vaults long ago… Continue reading
Scorpion Review: Fort Knox, Meet Team Scorpion
Kremlin strongman Nikolai Patrushev has now confirmed that Moscow is actively working to back the Russian ruble with gold and commodities, thereby creating a currency with intrinsic value outside the orbit of the US dollar. According to Patrushev, Western sanctions will also accelerate Russia’s plans to seize markets in Asia, Africa and Latin America by groups such as … Continue reading
With armed sanctions on Russia’s foreign exchange reserves, the Russian central bank’s gold reserves have risen. But where are these vast reserves of Russian gold kept, a treasure that the Russian Central Bank claims is 2299 tons? “Two-thirds” of this gold is believed to be stored in a Moscow vault, and … Continue reading
The Shanghai Gold Exchange (SGE) and the Russian National Financial Association are now actively cooperating in the China-Russia cooperation system using gold.
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