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Uncle Sam audits its stash of gold at the New York Fed (Ron Paul Quotes)

"If the gold is there and everything is in order, they should welcome an audit," Paul said in an interview.

He said he doesn't suspect that anyone has replaced the gold bars with fakes. He's more interested in examining paperwork that would show whether the gold has been used in any transactions that were never disclosed to the public, such as loans to other governments.

Read full Article: http://www.latimes.com/business/la-fi-gold-bars-20120803,0,5...

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In My Opinion, There Is A Lot Involved Here !

Like when real estate property is bought and sold a "Title Search" is done to see how the present owners of the property came into "Possession" of it.

The same should be done for the bankers Gold stash.

Does the Gold belong to the American people, or the bankers?

Remember, in the past history of the USA, average citizens used Gold as the basic medium of exchange since it was mandated in the U.S. Constitution. { The Supreme Law of the Land.}

Drilling is un-necessary since ultra sound and exact weights are now used to sample Gold purity.
And why is the U.S. Gold valued at $42.222 per ounce, when most of the rest of the worlds Gold holders value their Gold at "Market" value, currently about $1,600.00 per ounce.

Ron Paul is my President !

beesting

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beesting

"The federal government has

"The federal government has quietly been completing an audit of U.S. gold stored at the New York Fed." Sounds legit. Surely, they will tell the truth.

they are here to help us.

they are here to help us. what is there to be afraid of?

Dr. Paul, right as usual.

This is precisely why the gold holdings should be audited, to see if they are unencumbered or not.