Rep. Thomas Massie Introduces US Gold Reserves Audit Bill
The United States government says it has about 261 million troy ounces of gold in its gold reserves. That is rather impressive, if true.
The US government is not a great role model for honesty, though. So, it seems a good idea to put its gold claim to the test.
President Donald Trump talked on occasion in the first couple months of his second term about traveling to Fort Knox where much of the gold is supposed to be held to check if it is really there. But, more recently, he has largely gone silent about the matter.
Maybe an act of Congress is what is needed to double-check that all the gold is where the government says it is. That is just what Rep. Thomas Massie (R-KY) introduced on Friday — the Gold Reserve Transparency Act (HR 3795).
Massi
Article from LewRockwell
LewRockwell.com is a libertarian website that publishes articles, essays, and blog posts advocating for minimal government, free markets, and individual liberty. The site was founded by Lew Rockwell, an American libertarian political commentator, activist, and former congressional staffer. The website often features content that is critical of mainstream politics, state intervention, and foreign policy, among other topics. It is a platform frequently used to disseminate Austrian economics, a school of economic thought that is popular among some libertarians.
