Fort Knox Gold?

The last time a full, physical audit was conducted of the gold reserves at Fort Knox was in 1953. This audit involved a physical verification of the gold shortly after President Eisenhower took office.

Since then, there have been limited inspections, but none constituted a comprehensive audit:

Fort Knox Gold?

Fort Knox Gold? - Gold Gold Bars - Standard Restoration Act,

  • September 1974: A Congressional delegation and members of the press were allowed to inspect some of the gold. However, this was more of a visual inspection; no bars were assayed for purity, serial numbers weren’t checked against records, and only one room reported to contain gold was opened. This event is often inaccurately referred to as the last audit.
  • 1975 to 1986: A “continuing audit program” was conducted each year, where portions of the gold were systematically verified. By 1984, 97% of the gold bars were reportedly audited. However, these audits after 1974 heavily relied on checking the seals of compartments and spot checks, not a comprehensive count and verification of every bar.
  • 2017: Treasury Secretary Steve Mnuchin and other officials visited Fort Knox. This was also described as a tour to confirm the gold’s existence, not an audit involving inspection or verification.
  •  Therefore, for a full, detailed audit with physical verification of all the gold, you would need to go back to 1953. The lack of a comprehensive audit for many decades has fueled speculation and conspiracy theories about the actual amount and status of the gold reserves held at Fort Knox.

Fort Knox Gold

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