Ft. Knox Full of Impure Gold Unfit for International Transactions

Ft. Knox Full of Impure Gold Unfit for International Transactions

May 4, 2026

About this episode

The episode discusses the composition of the US gold reserves in Fort Knox and their implications 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

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