Saturday, June 25, 2011

Ron Paul "Investigating the Gold: H.R. 1495, the Gold Reserve Transparency Act and the Oversight of United States Gold Holdings VIDEO


Ron Paul "Investigating the Gold: H.R. 1495, the Gold Reserve Transparency Act and the Oversight of United States Gold Holdings VIDEO.

Ron Paul

The hearing discusses recent audits of U.S. gold reserves; challenges to conducting a full audit; and impediments to an accurate assessment of the US gold position, including any leases, swaps or other encumbrances placed upon the gold reserves; and also examines changes to the legislative proposal that will ensure a full and accurate audit, assay, and inventory of U.S. gold reserves.

The hearing entitled "Investigating the Gold: H.R. 1495, the Gold Reserve Transparency Act and the Oversight of United States Gold Holdings," was held on Thursday, June 23 at 2:00 p.m. in Room 2128 of the Rayburn House Office Building.

Witnesses testifying:

Gary T. Engel, Director, Financial Management and Assurance, Government Accountability Office

Eric M. Thorson, Inspector General, Department of the Treasury

TEXT IMAGE and VIDEO CREDIT: CongressmanRonPaul

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