Fort Knox is suppose to be filled with gold. It is suppose to be the foundation of our money. If the gold is gone, our money means nothing. There are sayings that the gold is in fact gone. No one has publically looked inside since like the 1950's or something like that. People who used to guard it say that they were issued guns but no ammo. They were told if someone ever got inside just lock it down. If it is gone, our economy will die.

Fort Knox is where America keep physical precious things, like it's gold.
It is guarded with thousands of soldiers and even Apachi helicopters.
Nothing paranormal about it, but when you have thousands of tonnes of gold you want to protect it.

Straight-Edge wrote Fort Knox is suppose to be filled with gold. It is suppose to be the foundation of our money. If the gold is gone, our money means nothing. There are sayings that the gold is in fact gone. No one has publically looked inside since like the 1950's or something like that. People who used to guard it say that they were issued guns but no ammo. They were told if someone ever got inside just lock it down. If it is gone, our economy will die.

You may have your facts mixed up a little bit. The US dollar hasn't run on the gold standard (basically means that our cash has gold value) since 1971. The US dollar has value because the people believe it has value. If Fort Knox were empty, it would mean the government was lying all these years. Nothing more though.

You learn something new everyday. I didn't know anything about this.

Brr2z wrote

Straight-Edge wrote Fort Knox is suppose to be filled with gold. It is suppose to be the foundation of our money. If the gold is gone, our money means nothing. There are sayings that the gold is in fact gone. No one has publically looked inside since like the 1950's or something like that. People who used to guard it say that they were issued guns but no ammo. They were told if someone ever got inside just lock it down. If it is gone, our economy will die.

You may have your facts mixed up a little bit. The US dollar hasn't run on the gold standard (basically means that our cash has gold value) since 1971. The US dollar has value because the people believe it has value. If Fort Knox were empty, it would mean the government was lying all these years. Nothing more though.

I apologize for what I got wrong, which was the year it was last checked. It was checked in 1972. If that gold is gone, our country would be worthless. In order for your country to have monetary wealth, you need physical or production wealth. We do very little producing so the gold is our wealth. It's suppose to be worth around 317 billion dollars. We have the monetary standard (which means most countries take US dollars) in the world so if we don't have that much value, we lose that title and countries would most likely stop selling to us, for we are worthless. We may not use gold anymore but it's the backbone for what we use.

-Raven wrote Title says it all. Something about gold?

I actually live right by for knox, it was told that it was a big war, and below it was gold.They found none in our time, but im sure there was a lot back then. :|

Straight-Edge wrote

Brr2z wrote

Straight-Edge wrote Fort Knox is suppose to be filled with gold. It is suppose to be the foundation of our money. If the gold is gone, our money means nothing. There are sayings that the gold is in fact gone. No one has publically looked inside since like the 1950's or something like that. People who used to guard it say that they were issued guns but no ammo. They were told if someone ever got inside just lock it down. If it is gone, our economy will die.

You may have your facts mixed up a little bit. The US dollar hasn't run on the gold standard (basically means that our cash has gold value) since 1971. The US dollar has value because the people believe it has value. If Fort Knox were empty, it would mean the government was lying all these years. Nothing more though.

I apologize for what I got wrong, which was the year it was last checked. It was checked in 1972. If that gold is gone, our country would be worthless. In order for your country to have monetary wealth, you need physical or production wealth. We do very little producing so the gold is our wealth. It's suppose to be worth around 317 billion dollars. We have the monetary standard (which means most countries take US dollars) in the world so if we don't have that much value, we lose that title and countries would most likely stop selling to us, for we are worthless. We may not use gold anymore but it's the backbone for what we use.

America doesn't go by gold standard, so it wouldn't be worthless.

Human wrote

Straight-Edge wrote

Brr2z wrote

Straight-Edge wrote Fort Knox is suppose to be filled with gold. It is suppose to be the foundation of our money. If the gold is gone, our money means nothing. There are sayings that the gold is in fact gone. No one has publically looked inside since like the 1950's or something like that. People who used to guard it say that they were issued guns but no ammo. They were told if someone ever got inside just lock it down. If it is gone, our economy will die.

You may have your facts mixed up a little bit. The US dollar hasn't run on the gold standard (basically means that our cash has gold value) since 1971. The US dollar has value because the people believe it has value. If Fort Knox were empty, it would mean the government was lying all these years. Nothing more though.

I apologize for what I got wrong, which was the year it was last checked. It was checked in 1972. If that gold is gone, our country would be worthless. In order for your country to have monetary wealth, you need physical or production wealth. We do very little producing so the gold is our wealth. It's suppose to be worth around 317 billion dollars. We have the monetary standard (which means most countries take US dollars) in the world so if we don't have that much value, we lose that title and countries would most likely stop selling to us, for we are worthless. We may not use gold anymore but it's the backbone for what we use.

America doesn't go by gold standard, so it wouldn't be worthless.

Fort Knox is the governments. If we were using the gold standard and we ended up losing it, we would be poor. If our government has it loses it, we lose our economy. That gold was bought and/or taken from Americans. The money handed out is what we go by today. It could be a reason why we have so much inflation on our dollars than we did when we had the gold standard and a little bit afterwards. Our economy doesn't make that much ouside of the United States. That gold is kept there for backup. If that is gone and we have no backup, other countries won't trust selling to us. Money means what it means to us, because we say it does. Our money means what it does to other countries, because they think we have that and are worth it. You have to think of it this way.

You have to think of it this way, Let's say you start your own country. You can't produce much or have much in terms of valuable resources. You then print 300 trillion dollars. You think it will be worth that because that is what you say they are worth. If you try to buy from another country with those, you will be denied for your country has no wealth, nothing to contribute in the present or future.

Our countries money is the monetary standard of most of the world. We can get away with not selling a lot of things to other countries because of that. If you take away the one major value we have, we are done. We would most likely loose that title then would have to sell a lot more to other countries in order for us to survive. It's all economics.

Straight-Edge wrote

Human wrote

Straight-Edge wrote

Brr2z wrote

Straight-Edge wrote Fort Knox is suppose to be filled with gold. It is suppose to be the foundation of our money. If the gold is gone, our money means nothing. There are sayings that the gold is in fact gone. No one has publically looked inside since like the 1950's or something like that. People who used to guard it say that they were issued guns but no ammo. They were told if someone ever got inside just lock it down. If it is gone, our economy will die.

You may have your facts mixed up a little bit. The US dollar hasn't run on the gold standard (basically means that our cash has gold value) since 1971. The US dollar has value because the people believe it has value. If Fort Knox were empty, it would mean the government was lying all these years. Nothing more though.

I apologize for what I got wrong, which was the year it was last checked. It was checked in 1972. If that gold is gone, our country would be worthless. In order for your country to have monetary wealth, you need physical or production wealth. We do very little producing so the gold is our wealth. It's suppose to be worth around 317 billion dollars. We have the monetary standard (which means most countries take US dollars) in the world so if we don't have that much value, we lose that title and countries would most likely stop selling to us, for we are worthless. We may not use gold anymore but it's the backbone for what we use.

America doesn't go by gold standard, so it wouldn't be worthless.

Fort Knox is the governments. If we were using the gold standard and we ended up losing it, we would be poor. If our government has it loses it, we lose our economy. That gold was bought and/or taken from Americans. The money handed out is what we go by today. It could be a reason why we have so much inflation on our dollars than we did when we had the gold standard and a little bit afterwards. Our economy doesn't make that much ouside of the United States. That gold is kept there for backup. If that is gone and we have no backup, other countries won't trust selling to us. Money means what it means to us, because we say it does. Our money means what it does to other countries, because they think we have that and are worth it. You have to think of it this way.

You have to think of it this way, Let's say you start your own country. You can't produce much or have much in terms of valuable resources. You then print 300 trillion dollars. You think it will be worth that because that is what you say they are worth. If you try to buy from another country with those, you will be denied for your country has no wealth, nothing to contribute in the present or future.

Our countries money is the monetary standard of most of the world. We can get away with not selling a lot of things to other countries because of that. If you take away the one major value we have, we are done. We would most likely loose that title then would have to sell a lot more to other countries in order for us to survive. It's all economics.

Not trying to flame, but you are 110% wrong. The value of the dollar is not based on gold. It's based on credit. Have you taken an economy or U.S. History class? You learn these things.