Ft. Knox Full of Impure Gold Unfit for International Transactions
From Audio Mises Wire by Mises Institute
May 4, 2026
About this episode
The episode discusses the composition of the US gold reserves in Fort Knox, highlighting that they consist of impure gold bars unfit for international transactions.
The bulk of the US gold reserves held in Fort Knox are made up of impure “non-standard” bars that don’t qualify for use in international settlements. Original article: https://mises.org/power-market/ft-knox-full-impure-gold-unfit-international-transactions
Topics covered
- gold reserves
- international transactions
- US economy
- financial standards
- Fort Knox
Keywords
- gold reserves
- Fort Knox
- impure gold
- international settlements
- US economy
Mentioned in this episode
Organizations: Mises Institute
Places: Fort Knox, US
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