Comments on: Is there gold in Fort Knox? https://habitablezone.com/2011/10/08/is-there-gold-in-fort-knox/ Fri, 17 Apr 2026 19:11:46 -0700 hourly 1 http://wordpress.org/?v=3.3.1 By: podrock https://habitablezone.com/2011/10/08/is-there-gold-in-fort-knox/#comment-6959 podrock Mon, 10 Oct 2011 06:03:57 +0000 http://habitablezone.com/?p=4324#comment-6959 The goldbugs would never wear tinfoil. More of a guilded approach: layers ultra thin; not blocking the energies, but conducting them elsewhere, to storage... (I spared y'all the Pynchonesque sentence that followed.) The goldbugs would never wear tinfoil. More of a guilded approach: layers ultra thin; not blocking the energies, but conducting them elsewhere, to storage…

(I spared y’all the Pynchonesque sentence that followed.)

]]> By: bowser https://habitablezone.com/2011/10/08/is-there-gold-in-fort-knox/#comment-6956 bowser Mon, 10 Oct 2011 04:41:47 +0000 http://habitablezone.com/?p=4324#comment-6956 Who claims there is? Probably the US government, which would give it a 50-50 chance of being close to true. Seriously, a lot of gold is stored in Federal Reserve banks across the US, so there may be relatively little remaining in Fort Knox. Who claims there is? Probably the US government, which would give it a 50-50 chance of being close to true. Seriously, a lot of gold is stored in Federal Reserve banks across the US, so there may be relatively little remaining in Fort Knox.

]]> By: podrock https://habitablezone.com/2011/10/08/is-there-gold-in-fort-knox/#comment-6935 podrock Sun, 09 Oct 2011 22:32:32 +0000 http://habitablezone.com/?p=4324#comment-6935 Some of the question is centerered around leasing of the gold. Right now, there is a huge paper market in gold, with the paper being backed by a small (10%) fractional reserve. An audit would determine if that is going on with the US reserves. Some of the question is centerered around leasing of the gold. Right now, there is a huge paper market in gold, with the paper being backed by a small (10%) fractional reserve. An audit would determine if that is going on with the US reserves.

]]> By: TB https://habitablezone.com/2011/10/08/is-there-gold-in-fort-knox/#comment-6889 TB Sat, 08 Oct 2011 22:17:03 +0000 http://habitablezone.com/?p=4324#comment-6889 <p>This theory pops up once in a while with the tinfoil-hat crowd.</p> Interestingly, the Federal Reserve Bank in New York contains a lot more gold than Fort Knox (about 225 million ounces compared to Fort Knox's 147 million). And <a href="http://abcnews.go.com/Business/story?id=5835433&page=1&singlePage=true" rel="nofollow">they give tours.</a> This theory pops up once in a while with the tinfoil-hat crowd.

Interestingly, the Federal Reserve Bank in New York contains a lot more gold than Fort Knox (about 225 million ounces compared to Fort Knox’s 147 million). And they give tours.

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