Wednesday, September 1, 2010

Congressman Calls for Audit of U.S. Gold Holdings

A Republican Congressman from Texas is reportedly planning to introduce a bill calling for an independent audit of the U.S. gold held at Fort Knox.

Fort Knox claims that billions of dollars worth of gold bullion are stored away in its Kentucky vaults. The secure facility is encased in 750 tons of reinforced steel, as well as thousands of cubic feet of concrete and granite.

Cash4Gold’s facilities are somewhat smaller, but also incredibly secure. Armed guards patrol the premises, which is under 24-hour surveillance from high-definition cameras. A whole range of security procedures and systems are in place to ensure that the broken and unwanted gold items that are processed daily are secure.

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