Overnight, the US dollar plunged on world money markets after Korea’s Premier Choe asserted America’s claim of one hundred and fifty million troy ounces of gold bullion stored at Fort Knox, Kentucky was a fabricated lie. He stated his government had verifiable proof that the bullion stored at the highly secretive American gold reserve are nothing more than gold plated tungsten bars, a metal having a density almost identical to that of gold. The Choe accusation, along with the sudden drop in the value of the dollar, drew an immediate response from House Minority Leader Joe Dean Malloy. Malloy demanded the veil of secrecy surrounding the Fort Knox vault and the US gold reserves stored behind the massive twenty ton doors must be shed and the United States government reassure the world and her citizens that their gold reserves are in place and their national stockpile of gold bullions to be authentic.
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