Ron Paul calls for an audit worth all the gold in Fort Knox

Please allow us to suggest the results-oriented CPA firm of Auric Goldfinger & Associates, well-known for its 46 years of experience in the inventory of precious metals. This news from The Hill, a Washington newspaper:

Rep. Ron Paul (R-Texas) said he plans to introduce legislation next year to force an audit of U.S. holdings of gold.

Paul, a longtime critic of the Federal Reserve and U.S. monetary policy, said he believes it’s “a possibility” that there might not actually be any gold in the vaults of Fort Knox or the New York Federal Reserve bank.

The libertarian lawmaker told Kitco News, a website tracking news about precious metals, that an audit was necessary to determine how much the U.S. maintains in gold reserves in case the government were to use gold to back the dollar.

“If there was no question about the gold being there, you think they would be anxious to prove gold is there,” he said.

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19 comments Add your comment

UGA Law

August 30th, 2010
2:17 pm

I wonder how much Goldline is donating to Rep. Paul’s campaign this year.

DannyX

August 30th, 2010
2:59 pm

The gold has been moved to Kenya and is being kept in a safe at a mosque that is also holding Obama’s Kenya birth certificate.

Paul

August 30th, 2010
3:11 pm

@ UGA Law – Certainly nothing anywhere near the amounts that the military industrial complex, the pharmaceutical industrial complex and AIPAC, just to name a few, gives to all of the other candidates…

Lone Star

August 30th, 2010
3:28 pm

There is just enough to pay for Michelle’s next vacation.

Mike K.

August 30th, 2010
4:08 pm

I hope they didn’t give it to that Nigerian Prince who emailed me last week….

Retired Soldier

August 30th, 2010
4:30 pm

The number of vacations being taken by the White House may use the last gold in the bank. I was going to go on a five star vacation this summer in Spain but my voucher was rejected by the federal government. What’s up with that?

Edward Phillips

August 30th, 2010
6:12 pm

Why the Power Elite are afraid of Rand Paul, How many of you favorite Politicians would make this pledge. An agenda unlike any politician in the country

Dear Patriot,
Sometimes, the political process makes us all just a bit cynical and jaded — my self included. We look at what the Washington DC establishment — the career politicians, the corporate lobbyists, and the entrenched bureaucracy has brought us, and we throw up our hands, thinking, they’re all the same.

I don’t like to yell too loud, or beat my chest. But I want to take a moment to remind you why I am not your typical politician, and why this is not a typical campaign or movement.

Among the many reasons:
* I will never, ever vote for a taxpayer bailout of a private industry. Whether it’s big banks, automakers, or any other industry — you succeed or fail on your own.

* I will not vote for an unbalanced budget. I will not vote for a tax increase. Ever.

* I will fight for new rules like a Balanced Budget Amendment and Term Limits.

* I will not take ANYTHING off the table in the fight to balance the budget. Anyone who says something like they will “freeze non-defense discretionary spending” is blowing smoke at you and hoping you won’t notice. That would balance the budget — MAYBE — in about 80 years.

* We have to keep our promises to seniors and keep our country strong, but every area has things that can be cut. Every agency has things that are duplicative or that could be done better or cheaper.

* I will propose and force a vote on an Enumerated Powers Act, to force Congress to point to the part of the Constitution that justifies their bills.
* I will fight for the Bill of Rights. Democrats often love the 4th amendment. Republicans the 2nd. I will fight for them all, which means fighting for your free speech, gun rights, and civil liberties. Laws that infringe on ANY of these make the federal government more powerful, and we cannot continue to allow that.
* I will not allow our troops to be the world’s policeman, and I will force a vote on a Declaration of War if any President seeks to commit our military to battle.

What you’ve just read above is an agenda unlike any politician in the country. While solidly conservative, it also shows first, a great loyalty to the Constitution and to our freedom. You cannot fight for liberty while voting for bills that embolden the state. You cannot fight for some of our founding rights without others. And you cannot enable change in Washington by sending the same old people there.

For anyone who thinks elections don’t matter, or all candidates are the same, I urge you to read this one more time. I don’t think it’s a stretch to say that few candidates running for office this year will so fully embrace this agenda of freedom and prosperity, of fighting the power of the federal government while working to ensure that the rights of Americans are restored.

The special interests and liberal national machine have made me enemy number one.
The try to smear my good name in Kentucky. They try to divide even our own supporters. And they do it for one reason:
They are scared to death of a “Senator Rand Paul” coming to Washington.

andy

August 30th, 2010
8:10 pm

there is no gold there … its long gone … I’m sure that Lehman or Goldman Sachs can tell you where it went.

andy

August 30th, 2010
8:11 pm

the only guy who actually deserves to be president of the USA is RON PAUL! where there is no VISION the people perish!

andy

August 30th, 2010
8:23 pm

here is why the Untied States of America is dying …”it’s often good to be greedy when others are fearful” or “the best form of persuasion is faking sincerity” all nonsense quotes from folks who should know better than to mislead the hypnotized masses.

Ghost of Mark Twain

August 30th, 2010
8:26 pm

Ron Paul is an idiot and a member of Congress, but I repeat myself.

JL

August 30th, 2010
8:38 pm

Andy, I really like the idea that if you own a hill and want to mine the top, it;s your right. Sure you could ruin the water supply and endanger others but they shouldn’t of bought property near you.
Long live libertarians, I got mine, hell with the rest of you.
He’d make a great President in Africa, cuz they do that over there..

Ben

August 30th, 2010
11:09 pm

Ghost of Mark Twain, you are an idiot because you believe in ghosts. Ron is the man!

James

August 31st, 2010
1:45 am

@JL …. entertaining, but unfortunately, your little parable just isn’t true. libertarians believe in the rights of the individual and the rule of law. in other words, you should be free to do what you want as long as it doesn’t infringe upon my rights, or break the rule of law. and sounds like your little story proposes the protagonist does both. but nice try.

Frank Derrickson

August 31st, 2010
10:57 am

the James Bond touch was great. thanks

Base

August 31st, 2010
12:06 pm

Ron Paul is a wacko.

No Street Spam

August 31st, 2010
1:12 pm

Ron Paul is a nutjob that inspires his followers to vandalize public property to promote his political campaigns. They believe, as taxpayers, we own all public property and can graffiti it up with campaign signs since it is our ‘personal property.’ Yet they deny the rights of other taxpaying co-owners to clean up the same, mutually owned, space. Nutjobs!

Alabama Communist

August 31st, 2010
2:24 pm

No doubt the idiots here saying Paul is a nutjob also believes that Alien Lizards from Area 51 will hold a Gargage Sale on the steps of the local federal reserve system with massive discounts……

Bitter EX democrackkk

September 1st, 2010
6:28 am

Ron Paul is far and away THE smartest man in Congress. The establishment seeks to destroy him, and those who mock him are your enemies.