Ft. Knox Full of Impure Gold Unfit for International Transactions

Tags: Gold Standard, Money Supply, U.S. History

05/04/2026 Michael Maharrey

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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