America’s Missing Gold: The BIGGEST Cover-up in History

About this Video

• Video Title: America’s Missing Gold: The BIGGEST Cover-up in History
• Channel: Andrei Jikh
• Speakers: Andrei Jikh
• Duration: 00:19:47

Introduction

This video investigates the mystery surrounding the United States' gold reserves. Andrei Jikh explores the discrepancies between the officially reported value of the gold and its current market value, raising questions about the accuracy of government audits and the possibility of missing or substituted gold. The video examines various theories and historical events related to the US gold reserves.

Key Takeaways

• Discrepancy in Gold Value: The official book value of US gold reserves is significantly lower than its current market value, raising concerns about transparency and accurate accounting.
• Insufficient Audits: While officials claim regular audits occur, there hasn't been a fully comprehensive, publicly released audit in decades. The last relatively thorough audit, conducted in the 1970s and 1980s, did not verify 100% of the gold.
• Historical Context: The US acquired a substantial amount of gold during the Great Depression and World War II through various means, including the confiscation of privately held gold. Subsequently, the US gold reserves decreased as other countries redeemed their dollars for gold.
• Theories of Missing Gold: Several theories regarding the missing gold are discussed, including the possibility of it being secretly removed, loaned out, or replaced with counterfeits. These theories are largely unsubstantiated but have fueled public skepticism.
• Recent Gold Movement: The recent movement of thousands of gold bars from London to New York is explained as an arbitrage strategy by banks to cover short positions in the gold futures market, not necessarily evidence of a cover-up.