Primero Mining Corp. (fka PPPMF)

[Captain Black Bob Blanco]

Treasury Secretary headed to Fort Knox to confirm the nation's gold reserves. First visit by US officials since 1974.

The last audit of Fort Knox occurred in 1953, right after President Eisenhower’s inauguration. Except no outside experts were permitted, and only about 5% of the gold was tested. So there’s been no full audit in over 64 years!

Over that time, however, the government has sold its gold – reducing its holdings from about 20,000 metric tons in the 1950s, to the year 2013 level of 8,133 metric tons.