By Stuart Englert
StuartEnglert.substack.com
Friday, November 21, 2025
When it comes to U.S. gold reserves, secrecy prevails over transparency.
Attempts to authorize a comprehensive, independent audit of the nation’s gold reserves have proven elusive and futile for decades.
The last two prominent audits, conducted 72 and 51 years ago, respectively, were far from thorough or free of government influence.
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The 1953 gold audit was commissioned by Treasury Secretary George M. Humphrey shortly after President Dwight D. Eisenhower took office.
While often cited as an independent undertaking supervised by representatives of the presumably nonpartisan General Accounting Office, the audit's Treasury-appointed advisory committee was composed of three bankers and a Federal Reserve board member, who undoubtedly had personal and political opinions about gold. ...
... For the remainder of the commentary:
https://stuartenglert.substack.com/p/government-secrecy-prevails-over [2]
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