What happened to all the GOLD???

WHO WAS ED DURELL?

Were you alive in the mid 1970’s? If so, do you remember the discussion of where all the US gold went? I graduated in the late 70’s and vaguely remember the controversy relating to Fort Knox. A review of the story today has many benefits for us. You immediately see many of the telltale signs of the hand of the controllers in it and all the same people and connections. Let’s dive in.

On July 3rd of 1974 a 59 year old woman by the name of Louise Auchincloss Boyer ‘committed suicide’ by falling out of a window of her apartment building (10th floor) in New York City. It was reported out in the NYTs as such and life moved on. But Louise Auchincloss Boyer wasn’t just any woman; she was the granddaughter of the infamous Col Edward M. House. Yes, the same Col House responsible for working tirelessly to ensure the Federal Reserve Act was passed and the United States was changed forever. Interestingly, she was executive assistant to former Gov. Nelson Rockefeller in his career outside public life. Keep in mind, Nelson Rockefeller became President Gerald Ford’s vice president. Louise “had been associated with the Rockefeller family for 40 years, and since 1944 had worked for the ex-governor. She was a key Rockefeller aide in his wide range of private contacts with national and world leaders...Mrs. Boyer’s husband, Allston Boyer, whom she married in 1947, died in 1972. He was a conservationist and worked as executive assistant to Laurance Rockefeller.” Louise Boyer was also married to Capt Edward Hutchinson Robbins who was killed in action in 1944. He worked for Nelson Rockefeller and was a descendent of Warren Delano Robbins, a first cousin to FDR.

As if those connections weren’t enough…Louise Boyer’s father was Gordon Auchincloss. Gordan’s and brother James Auchincloss uncles was Hugh Dudley Auchincloss who was married to Janet Bouvier (her second marriage). Janet was Jackie Bouvier Kennedy’s mother. Jackie Bouvier Kennedy’s grandfather assisted John D. Rockefeller found Standard Oil. What’s really interesting in researching all of these people a couple aspects repeatedly come up. Most of the men were in US Navy intelligence service, they attended Yale, were in one of the secret societies while attending Yale, and they had many connections to the Rockefeller’s. Even Col House eventually went into banking and railroads. Many of the Auchincloss’ were in government service as ambassadors, state department staff and all were affiliated with the democrat party in New York.

It’s obvious Louise Boyer’s father spent quite a bit of time around the Rockefeller’s in the early 1900’s while plotting to establish the central bank, the Federal Reserve. The closeness between the families leads to Louise working for the Rockefeller family as an executive assistant for 40 years and then mysteriously ends up dead. Three days prior to Louise’s death, she was featured as an unnamed source in a story that ran in the National Tattler paper. The story headline was “International Monetary Expert Sounds Alarm: NO GOLD LEFT IN FORT KNOX! Federal Reserve System Charged with Secret Sale of US Gold Supplies Overseas to Super-Rich David Rockefeller”.

Was Louise Boyer a whistleblower? Did she know about the gold?

The allegation was the Federal Reserve, with Rockefeller’s, was selling our gold in Fort Knox at low prices on the European market to buyers working on behalf of the Rockefellers. There is also one other connection to ensure we have the whole picture of connections, Louise’s boss (Nelson Aldrich Rockefeller) was also related to Senator Nelson Aldrich. Senator Aldrich was known as “general manager of the Nation”. He ensured Aldrich-Vreeland Act was passed which created the National Monetary Commission which was suppose to investigate the cause of the Panic of 1907. However, they knew what caused the panic because it was planned to usher in the Federal Reserve. Aldrich also sponsored the 16th amendment which authorized the direct federal income tax. His daughter married John D. Rockefeller and their son: Nelson A. Rockefeller. Nelson worked for Senator Aldrich in one capacity or another most of his life.

When the story of the gold heist was published it caught the attention of Ed Durell who was a wealthy Ohioan industrialist. He contacted the source of the information, Dr. Peter David Beter. Dr Beter was a DC lawyer and had done legal work for both the American Gold Association and the US Export-Import Bank. Dr Beter confirmed that Louise Boyer was an important source for the gold theft allegations. The allegations of gold theft along with a coincidental death of a key informant resulted in a congressman accusing the Federal Reserve as operating as a fourth branch of government. It was noted that because the Federal Reserve is a private bank it can not be audited and there was no way to address the allegations without congressional involvement. The congressman demanded a visit to Fort Knox to either prove or disprove the allegations.

The Federal Reserve Chairman Arther Burns and Secretary of Treasury William Simon ordered the Director of the Mint Mary Brooks to take a group to Fort Knox. This ‘tour’ was limited to only one of the smaller vaults (there were 13 small and one large vaults). On September 23, 1974 Mrs Brooks, along with six congressional members and one senator toured Fort Knox. This was the first time anyone that didn’t worked there had been inside since FDR visited it in 1943. Mrs Brooks never mentioned anything about the central core vault which is where the majority of the gold was supposedly kept.

During the circus Mrs Brooks was photographed by the reporters and it was noticed that the color of the gold was very orange which indicates it wasn’t .999 pure but a lessor quality used for coins containing 10% copper. Since .999 is the international standard and was at the crux of the allegation, the tour did nothing to quell the unrest generated by the allegations of thievery. While in the vault, a congressman was photographed weighing a bar of gold on a postal scale. It was immediately noted that the scale registered 22 pounds which verified it as being coinage quality. According to the Treasury’s own press release from an internal audit a .999 gold bar weighed 28.9 pounds. The original congressman wrote again to the Treasury and was told the weight difference was due to the scale being a postal scale and not a specific gold scale. Then why was the postal scale in the room with the gold?

As the pressure begins to mount and the answers given by the federal government generates more questions than answered, the Treasury finally agreed to conduct an audit. Well, sort of. In true government fashion, it was announced they’d audit 20% of the gold in 30 days. That just made those wanting an audit complain louder; it was then announced that they would audit 10% a year for 10 years. Even though they had just admitted they could audit 20% in 30 days. The most outrageous part of the announcement was that it would be the workers doing the audit and not an independent outside auditor. There was no weighing of the gold and no core test (referred to as assayed).

The Financial Times of London ran a story in 1975 entitled “Fort Knox Gold-The Plot Thickens” basically saying the ploys being used by the Treasury with regards to the audit demonstrated there was definitely a problem with the gold in Fort Knox, the only question remaining was just how much of it was missing. Immediately afterward, the congressman from the Fort Knox district swore an affidavit that the government had been hiding secret gold shipments from the public. He alleged that in 1963 he had been given information about the shipments and had repeatedly asked for information about them and received nothing in response.

The continued turmoil resulted in a visit from the GAO to the Kentucky congressman’s office where the GAO admitted that only 24.4 million ounces of .999 gold (10% of what was on hand) remained at Fort Knox. Twenty years earlier the Treasury had 701,800,000 ounces of gold at Fort Knox. The remaining gold 90% of the gold was not .999 gold and could not be considered as as treasury reserves. According to Durell, the 90% actually belongs to the American people due to the unconstitutional confiscation of gold by FDR. It was also noted when comparing shipping documents a shipment of 1.8 million ounces was missing. The US Mint acknowledged the shipment was not listed on documents they forwarded to congress but never explained where the shipment or gold was located. 1.8 million ounces of gold at today’s price is $3.6B. That is just one shipment that could be proven to be unaccounted for by the Treasury.

There was also the controversy of whether there was actually a central core vault. The Mint tried to assert it didn’t exist. However, a General John Ryan Jr served at Fort Knox three different times, the last time as commander of the vault facility. He signed a statement acknowledging the existence of the much larger, full of gold, center vault. As late as 1979 the Treasury was still telling congress the center vault didn’t exist. They were even playing the same words games by referring to the room as something different so they could say the “center core vault” doesn’t exist. Gen Ryan referred to it as the ‘gold vault’ and indicates that is the official name for the center section. The smaller 13 vaults were for the gold to make coinage and was separate from the gold (meaning .999) vault.

Another scandal broke in 1978-9 timeframe. The New York Assay office was a usual transit stop for gold from Fort Knox to test the purity of it. Half of the missing gold transited the New York office. The rest of the gold goes through the Federal Reserve New York City office. The office was notorious for bad bookkeeping and lack of security. All the things you’d need in place to steal gold.

It was also substantiated that Americans were buying gold on the Europe market, which at the time was illegal. Firestone Tire and Rubber Company was being investigated by the IRS for buying gold on foreign markets. The company had set up a bank in Zurich in 1972 and used a shell Panamanian corporation (Alps Investment) and another shell company, Morbira Anstalt. The operation bought $31M in gold and gold rose from $50/ounce to $170/ounce.

Who else was buying what was likely US gold being sent to Europe for purchase by US companies at a significant discount? What did Louise Boyer know?

The primary source of information in this article is from Dr Beter’s memos. I will be researching the rest in the near future. Thank you for your interest.