Representative Thomas Massie introduces a bill to audit US gold reserves

With U.S. federal debt now topping $37 trillion and foreign central banks rapidly increasing their gold holdings, four members of Congress have introduced legislation to conduct the most extensive audit of the nation’s gold reserves in generations.

The Gold Reserve Transparency Act (H.R. 3795), sponsored by Representatives Thomas Massie (R-KY), Troy Nehls (R-TX), Addison McDowell (R-NC), and Warren Davidson (R-OH), calls for a full inventory, assay, and independent audit of all U.S. gold holdings.