Ft. Knox Full Of Impure Gold Unfit For International Transactions

The bulk of the US gold reserves held in Fort Knox are made up of impure “non-standard” bars that don’t qualify for use in international settlements.

In practice, this means that most of America’s massive gold stockpile is illiquid and wouldn’t be readily accepted on the international market should the need arise:

“It’s a decrepit relic just like our monetary policy is. With respect to America’s gold stockpile, we hold ourselves to a lower standard than the rest of the world,” Money Metals CEO Stefan Gleason said.

Mises Institute Editor in Chief Ryan McMaken called the US gold reserves “a legacy of theft and lies,” pointing out that the gold reserve was never intended to be a “static, untouchable hoard of the US government.”

Continue reading …

0 0 votes
Article Rating

6 responses to “Ft. Knox Full Of Impure Gold Unfit For International Transactions”

  1. The QUALITY is not the real issue. Is ANYTHING THERE, and WHO ACTUALLY OWNS IT?? Those are the real issues.

  2. DWEEZIL THE WEASEL Avatar
    DWEEZIL THE WEASEL

    How do these writers know this? Have they been permitted to inspect the gold? Or are they taking the word of some pissed-off FEDGOV remora or a fraudulent AI presentation? Just asking.

    1. From Grok

      Yes, this ZeroHedge piece (republished from the Mises Institute, dated around April 28–29, 2026) highlights a real, long-known but under-discussed detail about U.S. gold reserves.

      The core claim is accurate based on publicly available historical data: Most of the gold bars stored at Fort Knox (and the broader U.S. Treasury reserves) do not meet modern “good delivery” standards for international gold transactions. They’re real gold—just lower-purity “coin bars” from melted pre-1933 U.S. coins, not the high-fineness bullion (99.5%+ pure) that the London Bullion Market Association (LBMA) requires today.

      1. Yes, these bars (if they are still there), are the result of melting down all the coins that criminal FDR confiscated. Alloyed for daily use, but not for bar sales.

      2. DWEEZIL THE WEASEL Avatar
        DWEEZIL THE WEASEL

        Thank you for that clarification, sir.

        1. But just because they are only the purity of daily-use coins, doesn’t mean they haven’t been sold and sold and sold again for all anyone knows. No reason for the bars to leave just because they were sold. Ft. Knox is about as secure as you can get (aside from things being sold to others without having to go inside). A complete purity, weight, and OWNERSHIP audit MUST be made of this portal to the underworld. People keep talking about Trump maybe “revaluing” the gold in the vaults so they can print even more money than they already do. But without an audit, how can any figure of total value be taken seriously…not that ANYTHING the government says should EVER be taken seriously….just saying….

Leave a Reply to MrLiberty Cancel reply

Your email address will not be published. Required fields are marked *

6
0
Would love your thoughts, please comment.x