Why Is NOBODY ALLOWED Inside Fort Knox Gold Vault? (Uncut) 02-14-2025

Why Is NOBODY ALLOWED Inside Fort Knox Gold Vault?

I don’t even know how much gold we’ve got right we need an audit for sure and nobody wants to audit it remember Ron Paul years ago said let’s audit the uh let’s audit the Federal Reserve not just Federal Reserve but let’s audit the gold Holdings right you know I want to walk through walk down the aisle in uh Fort Knox the last time we saw the inside of Fort Knox was uh in some James Bond movie there I never got in there and I served at Fort Knox twice [Music] well I think you and I have talked before about the 10year

treasury and they managed to pull back from the dreaded 5% Mark so it went from 4.8 something down to 4.6 it maybe a little lower right now it’s temporary it’s not a it’s not a permanent solution and you’re right ultimately they’re looking at the Alternatives the alternative number one is uh what you just described we’ll we’ll just keep on doing what we’re doing and then we’ll try to see how we can manage to navigate through these Troubled Waters if we need need to make some modest changes on the

edges we will that’s option number one the preferred option option number two is we make radical cuts and spending and then we go to the creditors hat in hand which by the way we did during the Depression under uh FDR it was called restructuring the debt we defaulted Okay so option number two is you know something in that neighborhood a a soft what I would call a soft default you’re going to restructure you go to the creditors you make your deals you demonstrate your seriousness that’s not going to be easy won’t be painf free

you’re going to have civil unrest active civil unrest that you’re going to have to deal with and then the third one is uh you know what do you do nothing and you go under now they think they can do number one I think number one becomes number three over time it’s just going to slow the pace but it’s still going to catch up with you you’re still going to go into the abyss option number two is the best but I see no evidence for anybody wanting to do that the first question is can we do it uh I suppose we

can uh the second question is what happens if we do it what does it really mean uh and how will that what will be the impact overseas I don’t know I do know that right now there is no plan among the brics Nations and you know brics is growing very very rapidly there is no plan among the bricks states to develop their own currency but they are committed to backing everything with gold so there is a tendency right now for people around the world to say I put my faith in American fiat currency that’s not backed by gold or do I go to

Bricks where currency will be backed by gold well I guess I’ll go to Bricks I think that’s the Dilemma right now that we confront punishing bricks attacking bricks is not going to work it’s not going to make any difference at all if anything it’ll accelerate the determination to replace Swift replace all those institutions with new ones because they don’t want to be under our thumb so to tell you frankly could it be done I suppose so should it that’s another issue I don’t know H first of all I don’t even know how much gold

we’ve got right we need an audit for sure and nobody wants to audit it remember Ron Paul years ago said let’s audit the uh let’s audit the Federal Reserve not just Federal Reserve but let’s audit the gold Holdings right you know I want to walk through walk down the aisle and uh Fort Knox the last time we saw the inside of Fort Knox was uh in some James Bond movie you know nobody’s been in there I never got in there and I served at Fort Knox twice so I’d love to know what’s actually there I’d also like to know

what’s under the banks in New York City which is what we’re dealing with now in the city of London is everything there so to to go to your second question I think the audit is unavoidable if you’re going to do what you just suggested there has to be someone who can confirm what the gold Holdings are I don’t know that anybody wants to go there right now well I guess I should stop and think or get my bowl of water out that like Nostradamus did it under the full moon and try to see into the future but I

can’t so I can’t answer that question I don’t know and you’re better off talking to somebody like Luke groman and certainly Alistair McLoud I think Alistair is a very hard-nosed realist and he’ll probably give you a really tight well argued answer that is indisputable so I would I would defer to somebody like aliser McLoud and of course there’s James Grant there are some others out there who are equally gold oriented when I was at the conference I was asked you know what do you think about the future and the dollar and everything

else and I said anything that comes out of the ground is going to be extremely valuable and I mean anything anything that grows if it’s food if it’s minerals precious metals whatever it is hard assets will be everything and I think that’s the world we’re headed into now and how we cope with that is anyone’s guess because we’re back to what have we really got uh let’s inventory and find out nobody wants to do that and that’s what’s happened in London with the metals exchange so we’re slowing deliveries slowing deliveries of gold

why would you do that in the past those kinds of deals have been negotiated and executed within a few days all of a sudden now it’s weeks before we can do anything that raises ominous feelings all over the world people are beginning to wonder remember there used to be a tunnel between JP Morgan and across the street the so-called Federal Reserve and the banks and never nobody ever knew what was really going through that tunnel how much gold has gone through it which way did it go where is it I think

we don’t know and so I’m very reluctant to answer that okay well I think we have to go back to where we started with a 10-year treasury uh how long can you artificially suppress that interest rate M because who is going to buy your debt increasingly almost nobody how much of it do we own you know how much toxic debt is sitting on the fed’s books that’s something else that Ron Paul has been talking about for years my view is that we will be unable to suppress those interest rates and we will break the 5%

ceiling if that happens it’s game over we can’t service the debt which goes back to the or arent right now for moral courage where’s the moral courage to say we’ve got to make profound Cuts now someone will say well what if your profound Cuts don’t work I I can’t answer that except to say then you’ll get Armageddon but if you don’t try the cuts first and try to restructure your debt with your creditors Armageddon will come quicker faster and be more devastating than it will if you try to cut and

streamline your government and and take the tough medicine nobody wants to tell the American people I’m very sorry but you’re living in a bubble a b a bubble of artificial Prosperity it can’t go on anymore and so I’m going to adopt the following measures nobody wants to say that but that’s desperately needed and the sooner we do it the better off we’ll be I think you’ve just summarized it beautifully first of all I think Scott Bess is a very good man I think he’s trying very hard to do what makes sense

but he’s now confronting as we talked about at the outset the political realities that seem to uh you know operate against common sense and and National need he has to have a president that understands that and will work with him to do something substantive I’m just not sure that the rose of revaluing gold is going to provide the way out you know I just I can’t can’t even speak to that because I’m not an expert in the area that’s a question that should be directed to someone like Alistair McLoud

uh whose views I I strongly support of course now understand Alistair McLoud is not friendly to bitcoin but I also attribute a lot of that to the age group you know most people in my age group want nothing to do with it okay that’s their privilege but I think they’ll regret it down the line because all the boomers are heavily invested where whether they realize it or not all these pension FS funds yeah where is all the pension fund money in the stock market right good luck right normally what I

like to say is that President Trump told everyone that he was going to build the wall between Mexico and the United States and make the Mexican government pay for it how’s that worked out right so I would dismiss that out of hand is nonsense he’s also talking about Canada and Mexico this is the Western Hemisphere we are the hegemon here what’s changing is the hegemonic position of the United States globally we are no longer the global hegemon that’s the message from Moscow from Beijing from Tyron from Riad from

virtually everywhere so I don’t Place much Faith or confidence in the notion that you can treat Canada or excuse me treat China India and other great Powers the way you would treat Canada or Mexico and remember I think what was it last year we had a trillion dollar trade deficit and China had a trillion dollar Surplus we are no longer the indispensable Market that’s the bottom line we are an important market and yes everyone would like to do business with us but we’re not indispensable and if we

insist on this Behavior they’ll move away from us because they can go elsewhere China can go elsewhere doesn’t absolutely desperately need us we need to understand that we’re not the center of the universe right and the sooner we come to terms with that the better off we’ll be now