These CDCs offer full-day care, part-day, and hourly care. Exhibit 7.1. Mistakes That Created America As You Know It, What It Was Like to Enter Through Ellis Island, Uncivilized Moments on the Congress Floor, Heinous Policies Toward Children and Families, Times Another US Civil Conflict Almost Began, Proposed States and Territories That Almost Were, A History of Foreign Meddling in US Elections, 1812: The Biggest Mess in the Country's History, Fort Knox Is So Mysterious And Heavily Guarded, Only One US President Has Ever Been Inside, video cameras, motion detectors, and secret microphones. Not only were Kooss requests met with a reluctant response from government officials, but the mint claimed it would have to spend countless labor hours searching through dozens of boxes for hundreds of pages that might be what Koos was looking for: the annual gold audit records that were carried out between 1993 and 2008. The last time Fort Knox had opened its vault to civilians was more than 40 years earlier. 1495,not enacted) in 2011 the Inspector General (IG) of the Treasury presented a case all is fine, but all is not fine. The reports I did find, and are now publicly available, are: Coincidentally, or not, these reports are exactly the same ones as listed by Thorson at the congressional hearing in 2011 (exhibit 1, framed in red). The last Congressional visit prior to this occurredin 1974. U.S. Army Cadet Command Headquarters is located inside the Fort Knox installation which is located roughly 35 miles south of Louisville, Kentucky. No outside experts were allowed on the site for the audit, either, providing fodder for all kinds of conspiracy theorists. Contact Us. Prince Andrew chuckles as he encounters female jogger on way to his weekly Windsor horse-riding trip. Pursuant to that order, the Committee for Continuing Audit of the U.S. The official story from OIG is that 100% of the gold stored at Fort Knox was audited in between 1974 and 1986, although there is no US government department that has the audit reports. When thinking about these re-audits, threescenarios pop to mind: Why else wouldso much gold have been re-audited? From 1993 to 2008 the remaining 3 % of the gold reserves stored at the US Mint hasbeen audited I assume. Others claim the goldis actually justtungsten bricks painted to look like the precious metal. Fort Knox history. In 2011 it was portrayed as if KPMG currently is the third party auditor (next to the owner and custodian), but this is not true. Government-owned Gold" for the years 1975, 1976, 1978, 1979, and 1981-1984. Currency, Shop All If official documents come to surface I will report accordingly. This would last until 2010 when the Armor School was relocated to Fort Benning, Georgia. And the vault has also been a setting place for several movies, the most famous being the 1964 James Bond film, Goldfinger when the titular character foiled a plot to contaminate the bullion, Mnuchin said it was the first time Fort Knox opened its vaults to outsiders since a Congressional delegation and some journalists were let in to view the gold for the first time in 1974. Mnuchin said it was the first time Fort Knox opened its vaults to outsiders since a Congressional delegation and some journalists were let in to view the gold for the first time in 1974. You can change the usage of cookies in your browser. It was decided to destroy several audit and assay reports and no less than 1,700 tonnes needed to be re-audited. The depository was built following U.S. President, Franklin D. Roosevelt's, controversial 1933 legislation - Executive Order 6102 - which outlawed the private ownership of gold bullion. This post is a sequel to A First Glance At US Official Gold Reserves Audits and Second Thoughts On US Official Gold Reserves Audits. It seems these 6 reports (5 documents) are the only ones currently in existence and the remaining 7 have mysteriously disappeared. I shall rest here. 'It's not even the annual funding level for some of our large departments in the federal government,' he said. Koos Jansen is a precious metal analyst from the Netherlands. I can say that without any hesitation, because I have observed the gold and the security of the gold reserves myself. When the mint finally produced the audit documentation, Jansen received 134 lightly redacted pages (rather than the estimated total of 1,200 pages). While investigating facts about Fort Knox Federal Credit Union and Fort Knox Safes, I found out little known, but curios details like: The Federation of Quebec Maple Syrup Producers has a "Fort Knox" vault of Maple Syrup. " He told an audience in Louisville, "I assume the gold is still there.". In October 1984, 4,136,046.924 fine troy ounces of gold were reaudited at the United States Mint, Denver. The fact that 7 audit reports that should grant the existence of these reserves appear to be missing is problematic. Connecting thereto, from Thorsons opening statement: My office began conducting annual audits of the gold reserves in Fiscal Year 1993. On February 25, 2015, I submitted a FOIA request in orderto obtain the audit reports drafted by the Continuing Audits Of U.S.-Owned Goldcommittee in 1975, 1976, 1978, 1979, 1982, 1983 and 1984. In another dubious mix-up, a number of measurements were faulty because the auditors misread where the decimal point was on the scale. Manyquestion the amount of gold that supposedly exists in the vault,and wonder what else hides within the building'swalls. The U.S. gold reserves at Fort Knox are broken into different numbered compartments within the gold vault. The gold stored in these compartments would get moved around if samples were taken for assaying during the audit. Shipping within the United States These could be better understood, or clarified, if we could obtain all audit reports from 1974 1986. According to the excel sheet the US Mint stores 312 tonnes in 9999 fine gold, spread over 3 depositories; Fort Knox 15 tonnes, Denver 100 tonnes, West Point 197 tonnes. The Fort Knox facilitys reputation is thanks to its world-renowned system of security measures, from countless cameras to U.S. Mint Police guards, military helicopters, land mines, fences of barbed and electric wire, and a virtually impregnable vault door. I also want to assure you that the physical security over the gold reserves is absolute. Then, something very strange happened in 1983. Equal Employment Opportunity. Then let's raise a glass to a slower, quieter 2022 . Buy for Vault Storage in the United States I'm a vet, and here are five dog breeds most prone to cancer - including Golden Retrievers and Rottweilers. This fits right into how the US government imposes audits on their official gold reserves; the audits are performed by the US government itself. The New Year kicked off . Need Help? United States Mint All Rights Reserved. Is the Coin Market Sleeping on Fairmont Collection Gold Coins? The documents also include new details about Mnuchin's activities at Fort Knox, where the Treasury stores a stockpile of gold with a market value it estimates at $190 billion. Phone: +65 6284 4653, Chinas Secret Gold Supplier Is Singapore, Audits Of US Monetary Gold Severely Lack Credibility. Did audit reveal missing gold . In 1974, WCPO Anchor Al Schottelkotte got a rare look inside the gold vault at Fort Knox, Kentucky. He ought to have known precisely how many pages were needed and presumably where to find them. In a series of posts well continue to examine all there is to find regarding the audits of US official gold reserves. *For all other publicly available audit reports (1980, 1981, 1985, 1986) its very briefly mentioned assay tests were conducted, presumably for one in every fiftieth melt. More than half of . Answer (1 of 2): Internally, it is done annually. At the hearing Thorson presented exhibits to support his case 100 % of the gold held at the US Mint has been audited. No irregularities were found. The US Treasury currently owns 8,134 tonnes of gold of which 7,716 tonnes is stored by the US Mint (4,583 tonnes at Fort Knox, 1,364 tonnes in Denver, 1,682 at West Point) and 418 tonnes at the Federal Reserve Bank Of New York. The audits were conducted in accordance with the revised audit guidelines that required a statistical sample of gold melts within randomly selected compartments at the facilities. It seems that a portion of the Mint and the U.S. gold reserves were audited in an assay between 1993 and 2008, as you acknowledged. By Patrick A. Heller. While the gold at Fort Knox was partially audited in the past, the gold at the Federal Reserve Bank of New York was never looked at. By Everett Millman Gainesville Coins . Atthe congressional hearing in 2011 the IG stated to be 100 % certain all gold stored by the Mint was inventoried and audited, yet his department had accessto only a fraction (4) of all audit reports (13). Did The Dutch Central Bank Lie About Its Gold Bar List? Thats everything we have, or are aware of. Written by Jan Nieuwenhuijs, originally published at Voima Gold Insight. By and large, the vast majority of the verification is done by checking Official Joint Seals. *Its likely 97 % of the audited gold by the continuing audits committee has not been assayed by an independent assayer. Ron Paul introduced a bill that would require the Fed to manually audit every U.S.-owned gold . Of course,strange things have been stored in the vault, like morphine and opiumduring the early '90s. Site, Coin After 20 years of Democratic presidents, the American public wanted to be sure that the gold confiscated from them was still there. It's going on right now as I say these words. In addition, the committee will include technicians from the Bureau of the Mint who are trained in assaying and weighing gold bullion. For instance, sample sizes used for assaying were conspicuously small. 'So many dead. The First Critical Observations. for Dads, American Women's History Coins & Newborns, Gifts Learn how your comment data is processed. The novel begins: 7:20 am, September 11, 2015. Try Army A-Z. Koos takes a sharp jab at how the government bureaucracy operates, inveighing (with cause) that it should be clear that the Deep Storage gold has not been audited by professionals, but the precious metals have been verified by imbeciles.. In 2011, the U.S. Treasury's full detailed schedules of gold bars were published by the US House Committee on Financial Services as part of submissions for its hearing titled "Investigating the Gol. The speculation has also been amplified by the degree of secrecy surrounding the reserves: Since the depository opened seven decades ago, the only time any member of the public has been permitted inside the facility was when members of the media were (however briefly) invited in on September 23, 1974.