Ron Paul Hearing To Investigate U.S. Gold Reserves
Congressman Ron Paul of Texas scheduled a hearing Thursday, on legislation he introduced that would direct the Secretary of the Treasury to conduct an assay, inventory, and audit of all U.S. gold reserves — much of which is held within United States Mint facilities, including an analysis of the measures taken for their security.
“The Treasury Department has been less than transparent with the results of its gold audits. It is asking the American people to trust that all the gold is there, while not allowing site visits and not publishing all the data it holds on its audits and assays,” Paul said in a press statement. “Since most of this gold was originally seized from the American people in the 1930s, they deserve more transparency than a handful of financial statements.”
Ron Paul, chairman of the U.S. House Financial Services Subcommittee on Domestic Monetary Policy and Technology, will begin the hearing at 2 p.m. ET in Room 2128 of the Rayburn House Office Building. ~ Ron Paul 2012! ~