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Is the current Secretary of the Treasury really this misinformed? He just said that if you have an old gold or silver certificate, you can bring it to Fort Knox and claim your metal. That’s false. Gold certificates have not been redeemable for gold since 1933, and silver-certificate redemption ended

@peterschiff·Jul 15, 2026·6 sources·negative
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The writer criticizes the Treasury Secretary's false claim about gold and silver certificate redemption and questions his credibility on Fort Knox gold.

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Is the current Secretary of the Treasury really this misinformed? He just said that if you have an old gold or silver certificate, you can bring it to Fort Knox and claim your metal. That’s false. Gold certificates have not been redeemable for gold since 1933, and silver-certificate redemption ended

@peterschiff
Jul 15, 2026

Is the current Secretary of the Treasury really this misinformed? He just said that if you have an old gold or silver certificate, you can bring it to Fort Knox and claim your metal. That’s false. Gold certificates have not been redeemable for gold since 1933, and silver-certificate redemption ended

@peterschiff
Jul 15, 2026

Doesn’t it bother you that the current Secretary of the Treasury doesn’t know that the U.S. halted redemption rights on all gold and silver certificates decades ago? If Scott Bessent is this ignorant of a basic historical fact regarding U.S. currency, what else doesn’t he know?

@peterschiff
Jul 15, 2026

Doesn’t it bother you that the current Secretary of the Treasury doesn’t know that the U.S. halted redemption rights on all gold and silver certificates decades ago? If Scott Bessent is this ignorant of a basic historical fact regarding U.S. currency, what else doesn’t he know?

@peterschiff
Jul 15, 2026

You can buy this set of silver certificates on eBay for $31.99. According to Treasury Secretary Bessent, you can take each set to Fort Knox and claim your five silver dollars. Silver dollars sell for about $60 each on eBay. So a $32 purchase gets you $300 worth of silver dollars.

@peterschiff
Jul 15, 2026

You can buy this set of silver certificates on eBay for $31.99. According to Treasury Secretary Bessent, you can take each set to Fort Knox and claim your five silver dollars. Silver dollars sell for about $60 each on eBay. So a $32 purchase gets you $300 worth of silver dollars. https://t.co/DtcnnK

@peterschiff
Jul 15, 2026