Why do you so ardently defend the actions of the Marxist socialist progressive democrats? Are you one of them pretending to be an Objectivist?

Great points, and interesting facts to mull. Thank you. :-)

Ron Paul was asking it 4 years ago:

http://www.cbsnews.com/news/is-there-gol...

And this may be the "source" for Becks story:

http://theinternationalforecaster.com/In...

Mr. Przemyslaw Radomski evidently wrote an article about the issue, and there are some very interesting questions and facts supposedly.

I think he is referring to the implied value of what there is "on hand" According to Wiki:

The United States Bullion Depository holds 4,578 metric tons (5,046.3 short tons) of gold bullion (147.2 million oz. troy). This is roughly 3 percent of all the gold ever refined throughout human history. Even so, the depository is second in the United States to the Federal Reserve Bank of New York's underground vault in Manhattan, which holds 7,000 metric tons (7,716 tons) of gold bullion (225.1 million oz. troy), some of it in trust for foreign nations, central banks and official international organizations.

If what he is implying were true, the 4578 metric tons the gov"t was supposed to have, in fact doesn't. Not to mention the 7,716 tons (which is probably where the German Gold was stored) that, if missing, would leave us exactly nothing, zippo,only the "full faith and credit of the US Government". I'm not sure, but I would bet a credit score for our boys in Washington is probably sub-400 nowadays, so we would be well and truly, uh, er, toast.

That Executive Order was widely ignored. Gold was never illegal. More later.

No. An ounce is lot to carry for a small purchase like candy. Silver coins half the diameter of a US Dime have been common in the past. The US half-dime and 3-cent silver were just two. Honduras, Holland, and others also issued very small coins. We have not had coin purses in our wallets for 40 years now, but they were common.

The UK tried full-value copper pence about 1800 and the "cartwheels" were soon abandoned.

Overall - more on this later - I recommend against actually circulating precious metals. The wear out and lose value.

Locking it up might not help. FDR had this solution...
https://en.wikipedia.org/wiki/Executive_...
Executive Order 6102 required all persons to deliver on or before May 1, 1933, all but a small amount of gold coin, gold bullion, and gold certificates owned by them to the Federal Reserve, in exchange for $20.67 (equivalent to $366.59 today[3]) per troy ounce. Under the Trading With the Enemy Act of 1917, as amended by the recently passed Emergency Banking Act of March 9, 1933, violation of the order was punishable by fine up to $10,000 (equivalent to $177,352 today[3]) or up to ten years in prison, or both. Most citizens who owned large amounts of gold had it transferred to countries such as Switzerland.

How long before BO signs his own executive order?

Nope. Not here. If the Feds can come into your home & demand to take your hard commodities, what's to stop them from taking anything else you own?

That's when one's true convictions will be tested. I only hope I never have to face that situation.

I hope not too. That would mean this sovereign collection of states is no more.

It really is. And embarrassing. And spot on with what Vinay wrote about in Frankenstein Candidate! Scary!

I heard part of the Glenn Beck show last night and this is the part I heard. Just mind numbing amazing.

Oh yes, her bottom has the editor's lip prints all over it. It is increasingly alarmingly apparent that there is nothing in Ft. Knox except dusty IOU's. We, as in the citizenry of the US, are being sold to the highest bidder.

malfeasance
if this were you or I doing this-we'd be in jail. But Ms. Yellon is on the cover of TIME