🚨JUST IN: Congressman Thomas Massie Introduces Bill to Audit US Gold Reserves
A new bill led by Congressman Thomas Massie is calling for the first comprehensive audit of America’s gold reserves in decades.
🔹 Gold Reserve Transparency Act: The legislation would require the Comptroller General to conduct and publicly release a full audit of all US gold holdings, including gold stored in “deep storage” sites like Fort Knox and other federal depositories.
🔹 Full Disclosure: The bill mandates a complete inventory, assay, and audit of all gold reserves, as well as public disclosure of all transactions involving US gold—such as sales, purchases, loans, leases, swaps, and encumbrances—dating back half a century.
🔹 Accountability and Security: The move comes amid concerns over missing records, unexplained vault openings, and the lack of recent, independent audits. Supporters argue that transparency is essential for national security and public trust in the institutions underpinning the US dollar.
🔹 Regular Audits: If passed, the law would require these audits to be repeated every five years, with oversight from the Government Accountability Office and access for independent auditors to any facility or record related to US gold reserves.
🔹 Broader Context: The push for an audit comes as global central banks increase gold holdings and amid growing calls for sound money and transparency in US fiscal policy.
This bill is seen as a major step toward restoring trust and ensuring the integrity of America’s gold reserves.
Https://massie.house.gov/news/documentsingle.aspx?DocumentID=395725