Ask Terry Questions SELLING FORT KNOX GOLD

SELLING FORT KNOX GOLD

By Terry Savage on March 19, 2023 | Wild Card

3/15/2023

HI TERRY,
I HAVE A QUESTION FOR YOU. SINCE THE HOUSE HAS REFUSED TO EXTEND THE DEBT CEILING, JANET YELLEN HAS SAID THE GOVERNMENT WILL TAKE EMERGENCY MEASURES TO USE. SO, DOES THE EMERGENCY MEASURES INCLUDE SELL OFF THE GOLD IN FORT KNOX AND OTHER PRECIOUS METALS. ALSO, OIL FROM THE US RESERVES TO PAY ITS BILLS.

Terry Says

I haven’t heard anyone discuss these alternatives! In fact, the price of gold has been rising because of fears around the international banking system. Any hint of the US selling its gold would drive the price down dramatically.

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