Rebel of the Week, Needs No Introduction
September 1st, 2010
With gold predicted to hit an all time high of of $1,400 by next year, the Congressman who never stops is now proposing an audit of the gold in Fort Knox. This move has been made in the past by Dr. Paul, but considering the climate he is speaking in now we will award his courage with a spot as Rebel of the Week. Dr. Paul recently stated:
“In the early 1980s when I was on the gold commission, I asked them to recommend to the Congress that they audit the gold reserves – we had 17 members of the commission and 15 voted not to the audit. I think there was only one decent audit done 50 years ago.”
This move will of course be another approach made by Congressman Paul to open the books of the Federal Reserve and seek accuracy on the budget from the Federal Government. Paul recently attempted for a complete audit of the Federal Reserve with HR 1207 which did not end up passing as it was originally intended to.
The audit of Fort Knox will likely be proposed via the legislative process sometime next year. A move being made not with a conspiratorial mind set, but rather against the defensive response given when asked in the 80′s if the gold supply could be audited.
Kudos to you Dr. Paul for being a great role model in Congress and challenging the Fed, which always makes our faces light up here in the studio!
Just recently s to talk about the Federal Reserve and the “gold” it is maintaining. Now that this news is out I wonder if some of these responses will change??
