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Thread: Ron Paul worries Fort Knox gold is gone

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    Ron Paul worries Fort Knox gold is gone

    Ron Paul wants gold at Fort Knox audited - Jun. 24, 2011

    So, with all the issues facing America today, the debt/deficit, war in Afghanistan, whatever it is in Libya, unemployment over 9 %, two parties who cannot figure out how to work together for the common good...and what is Ron Paul calling congressional hearings over?

    Paul called a congressional hearing Thursday to grill federal officials about his bill to audit and inventory all of the gold reserves at Fort Knox, Ky., West Point, N.Y., and Denver, even though Treasury officials insist that the gold is audited annually and is all there.

    During the hearing, Paul suggested that the Federal Reserve of New York, which has 5% of the U.S. gold reserves, has the ability to secretly sell or swap gold with other countries without anyone knowing.

    "The Fed is pretty secret, you know," said Paul, who leans Libertarian. "Congress doesn't have much say on what's going on over there. They do a lot of hiding."
    The guy is totally looney, totally insane.
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    Re: Ron Paul worries Fort Knox gold is gone

    No, but it might preempt any discussion of diddling with the gold for the "purpose" of deficit reduction.
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    Blatant Baseless Appeal to Ridicule

    Quote Originally Posted by Redress View Post
    Ron Paul wants gold at Fort Knox audited - Jun. 24, 2011

    So, with all the issues facing America today, the debt/deficit, war in Afghanistan, whatever it is in Libya, unemployment over 9 %, two parties who cannot figure out how to work together for the common good...and what is Ron Paul calling congressional hearings over?

    The guy is totally looney, totally insane.
    How does this make him insane? The Fed has been dumping gold onto the market to try to slow the rapid increase of the value of gold for the past several years. And should they ever run out that could mean SERIOUS problems for our treasury.

    And hasn't Ron Paul opposed every bill that has brought about the debt/deficit that you think he should be focusing on? You do realize he is the chairman of the subcomittee on the Fed right? This is his job. But I suppose to some, a politician doing his job rather than wasting our money is a bit looney, looney being a relative term. I suppose you consider his attempt to audit the Fed are equally insane right?
    Last edited by Spartacus FPV; 06-24-11 at 08:47 PM.
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    Re: Ron Paul worries Fort Knox gold is gone

    Quote Originally Posted by Redress View Post
    Ron Paul wants gold at Fort Knox audited - Jun. 24, 2011

    So, with all the issues facing America today, the debt/deficit, war in Afghanistan, whatever it is in Libya, unemployment over 9 %, two parties who cannot figure out how to work together for the common good...and what is Ron Paul calling congressional hearings over?



    The guy is totally looney, totally insane.
    You're fine with the government participating in fraud and call those who speak out against that fraud insane?

    Who shall ascend the hill of the Lord? And who shall stand in his holy place? He who has clean hands and a pure heart, who does not lift up his soul to what is false, and does not swear deceitfully. Psalm 24
    "True law is right reason in agreement with nature . . . Whoever is disobedient is fleeing from himself and denying his human nature [and] will suffer the worst penalties . . ." - Cicero

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    Re: Ron Paul worries Fort Knox gold is gone

    Quote Originally Posted by Lachean View Post
    How does this make him insane? The Fed has been dumping gold onto the market to try to slow the rapid increase of the value of gold for the past several years. And should they ever run out that could mean SERIOUS problems for our treasury.

    And hasn't Ron Paul opposed every bill that has brought about the debt/deficit that you think he should be focusing on? You do realize he is the chairman of the subcomittee on the Fed right? This is his job. But I suppose to some, a politician doing his job rather than wasting our money is a bit looney, looney being a relative term. I suppose you consider his attempt to audit the Fed are equally insane right?
    Quote Originally Posted by phattonez View Post
    You're fine with the government participating in fraud and call those who speak out against that fraud insane?
    Do you have evidence to support your accusations? Some reason to think there is less gold there than thought? Any other conspiracy crap you buy into?
    We became a great nation not because we are a nation of cynics. We became a great nation because we are a nation of believers - Lindsey Graham
    Iíve always believed that America is an idea, not defined by its people but by its ideals. - Lindsey Graham

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    Re: Ron Paul worries Fort Knox gold is gone

    Quiz: What do Ron Paul, Newt Gingrich, Michelle Bachman, Sarah Palin, Dittohead Not!, and Rick Santorum all have in common?






    Answer: None of us is going to be president in 2012.
    "The greatest enemy of knowledge is not ignorance. It is the illusion of knowledge" Stephen Hawking

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    Re: Ron Paul worries Fort Knox gold is gone

    Quote Originally Posted by Redress View Post
    Do you have evidence to support your accusations?
    The Federal Reserve Act: Section 14

    Quote Originally Posted by Redress View Post
    Some reason to think there is less gold there than thought?
    They've sold alot when the price was much lower, I would be surprised to find out how they could afford to buy it back at current prices. Of course they could have, but with what funds? And which foreign central banks have they been propping up? Businesses? National banks? These are important questions that would certainly affect the decisions of the consumers of these financial institutions.

    Quote Originally Posted by Redress View Post
    Any other conspiracy crap you buy into?
    Just what "conspiracy crap" do you think I buy into? Do you understand the purpose of the subcomittee on the Fed? Why are you opposed to an audit of the Fed? Can you discount the concerns Ron Paul has stated in any way? Or are you just going to bundle my post with someone else's so you don't have to address my arguments or the fact that the man is doing his job and you cannot justify your BASELESS appeal to ridicule.
    Last edited by Spartacus FPV; 06-24-11 at 09:04 PM.
    If you need to misrepresent your opponent's position, you don't really believe in yours, you have no integrity and as Tony Montana says, "Any man without his word is a cockroach."

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    Re: Ron Paul worries Fort Knox gold is gone

    Quote Originally Posted by Redress View Post
    Do you have evidence to support your accusations? Some reason to think there is less gold there than thought? Any other conspiracy crap you buy into?
    What's there to lose by looking into it?

    Who shall ascend the hill of the Lord? And who shall stand in his holy place? He who has clean hands and a pure heart, who does not lift up his soul to what is false, and does not swear deceitfully. Psalm 24
    "True law is right reason in agreement with nature . . . Whoever is disobedient is fleeing from himself and denying his human nature [and] will suffer the worst penalties . . ." - Cicero

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    Re: Ron Paul worries Fort Knox gold is gone

    Uh oh we lost gold what in gods name will we do now?
    Seriously Ron this is what you are ****ing worried about where the **** gold went? I understand your fetish with the gold but this is what you are worried about?


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    Re: Ron Paul worries Fort Knox gold is gone

    Quote Originally Posted by TheDemSocialist View Post
    Uh oh we lost gold what in gods name will we do now?
    Seriously Ron this is what you are ****ing worried about where the **** gold went? I understand your fetish with the gold but this is what you are worried about?
    So we should be okay with the government lying to us about the gold it has stored? Do you realize if it is true how much commodity markets have been manipulated?

    Who shall ascend the hill of the Lord? And who shall stand in his holy place? He who has clean hands and a pure heart, who does not lift up his soul to what is false, and does not swear deceitfully. Psalm 24
    "True law is right reason in agreement with nature . . . Whoever is disobedient is fleeing from himself and denying his human nature [and] will suffer the worst penalties . . ." - Cicero

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