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When was the last US fort knox gold audit?

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1974- From Numismatic News:
Recognizing Rep. Philip M Crane, R-Ill., I asked him why he had suggested a tour of Knox.

"I suggested it because of rampant rumors that significant portions of our gold reserves were gone," he replied.

"I suggested it to William Simon [Secretary of the Treasury] because, if coupled with an audit, would serve to help gain confidence in the monetary system.

"I'll be satisfied with the audit," he said, noting that there was a previous one in 1953, just after President Eisenhower took office.

Crane noted he had held one of the 400-ounce brick (approximately 27 pounds) and noted its worth of $65,000 on the free market.
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Why don't we use the gold in fort knox?

  The short answer is that we do. It's used as a reserve in case of any kind of financial disaster. The long answer is because our currency is fiat money. We do not base

Why is fort knox so famous?

Ft Knox has been famous for holding a huge amount of the nation's gold reserves, but it is also famous for the security for that gold.

Does Fort Knox have gold?

I dont see any evidence that there is GOLD there However if THERE was GOLD there why is the GOVERMENT preventing AMERICANS or the WORLD from knowing whats in there SORRY FOR O

What is in the vault at Fort Knox?

In the vault in Fort Knox, there are separate chambers within the vault. These chambers hold gold bullion, made into bars, and stored by the hundreds. Each block weighs around

Does Fort Knox still exist?

  Yes. fort knox is still an active army base and gold depository in Kentucky.

How do you rob Fort Knox?

ask Danny Ocean

What is Fort Knox?

  Fort Knox is commonly known as the United States Bullion Depository. It is where all the gold bars that were once used to back paper money are stored.   Fort Knox is

What is fort knox famous for?

  It is famous for being an Army base.

Is fort knox named after Henry knox?

NO! Fort Knox was established in 1918 as Camp Knox (named for Major General Henry Knox, first U.S. secretary of war

How much gold is in Fort Knox today?

  No one really knows, who will talk. There might not be any. There is certainly no reason for there to be since the USA when off the gold standard.   It has been said
In US Army

Why is the gold stored in Fort Knox?

  There's no particular reason why, but there is enough evidence that there is very little, if any at all, gold remaining there. An audit of the US Gold Reserve has not be

Which have more gold and silver King Solomon's Temple or Fort Knox and by how much?

I don't know by how much but there is more gold/silver in For Knox simply because the US nation is much larger than early Israel and we are better at mining gold/silver now th