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Friday, June 24, 2011

Ron Paul Hearing to Investigate U.S. Gold Reserves

 

Ron Paul

Congressman Ron Paul of Texas has scheduled a hearing Thursday on legislation he introduced that would direct the Secretary of the Treasury to conduct an assay, inventory, and audit of all U.S. gold reserves — much of which is held within United States Mint facilities, including an analysis of the measures taken for their security.

"The Treasury Department has been less than transparent with the results of its gold audits. It is asking the American people to trust that all the gold is there, while not allowing site visits and not publishing all the data it holds on its audits and assays," Paul said in a press statement. [...]
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