From 'audit the Fed' to 'trust me, it's there' -- Rand Paul's Fort Knox fumble

Americans have long demanded real answers about U.S. gold holdings. Year after year, they receive only vague political half-answers that raise more questions than they answer. The latest example is this week. On August 10, Sen. Rand Paul, R-Ky., son of sound money hero Dr. Ron Paul, announced an unexpected visit to the United States Bullion Depository at Fort Knox, Kentucky. Paul mishandled the opportunity. ... Dispatch continues below ... Current official treasury records state that the U.S. gold hoard is comprised of 261.5 million troy ounces of gold. That gold is stored in various depositories across the country, with...