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Is there any gold in Fort Knox, and if so who does it belong to?

7 Answers

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  • Anonymous
    1 decade ago
    Favorite Answer

    Yes, there is gold in Fort Knox. Queen Elizabeth double checked the BIG PIGGY bank for her fellow Empire members the last time she was in the USA and around the time she attended the Kentucky Derby--just a short horse ride from Fort Knox...

  • 1 decade ago

    The United States Bullion Depository commonly called Fort Knox, is a fortified vault building located adjacent to Fort Knox, Kentucky, which is used to store a large portion of United States official gold reserves and, occasionally, other precious items belonging or entrusted to the federal government.

    The United States Bullion Depository holds about 4,603 tons (4,176 metric tonnes) of gold bullion (147.4 million troy ounces[1]). It is second in the United States only to the Federal Reserve Bank of New York's underground vault in Manhattan, which holds about 5,000 metric tonnes of gold in trust for many foreign nations, central banks and official international organizations.

    http://en.wikipedia.org/wiki/United_States_Bullion...

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    Executive Order 6102 is an Executive Order signed on April 5, 1933 by U.S. President Franklin D. Roosevelt "forbidding the Hoarding of Gold Coin, Gold Bullion, and Gold Certificates" by U.S. citizens.

    http://en.wikipedia.org/wiki/Executive_Order_6102

  • 1 decade ago

    Yes there is.

    See wikipedia:Ft Knox

  • 1 decade ago

    FDR needed gold to buy stuff from foreign nations because they wouldn't take banknotes. Our currency is faith-based, not convertible to anything (fiat currency), not backed by anything, and I'm not sure anyone really knows what's in ft Knox.

  • 1 decade ago

    Yes. The US government.

  • Miss Q
    Lv 6
    1 decade ago

    Well, if we're in deep enough debt, it could belong to China

  • Anonymous
    1 decade ago

    Cash4gold.

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