Recently, President Donald Trump announced his intention to personally verify the presence of gold at the historic Fort Knox facility. This comes after Elon Musk expressed his curiosity on social media, raising questions about whether the American people might have been misled about the status of the gold reserves held by the US Treasury.
Critics, including Trump and Musk, have voiced concerns over potential irregularities regarding the gold stored at Fort Knox. Trump suggested that if the gold were missing, there would be significant outrage, while Musk playfully countered with the idea of a live video walkthrough of the facility to demonstrate its contents.
In response to these assertions, Treasury Secretary Scott Bessent affirmed that rigorous audits are conducted annually at Fort Knox, ensuring that all gold remains secure. Bessent also pointed out that any interested US senator is welcome to arrange a visit to inspect the reserves, reinforcing the department’s commitment to transparency and accountability.
Additional details from the US Mint note that approximately half of the Treasury’s bullion—about 147.3 million ounces—is housed at Fort Knox. The mint clarified that only minimal quantities of gold have been moved, primarily for routine purity tests, and emphasized that the large-scale movement of gold has not occurred in many years.
6 Comments
BuggaBoom
It's our right. As taxpayers, we have the right to know what's happening with our money.
Loubianka
It's time for the truth. We need to know what's really going on at Fort Knox.
Katchuka
It's a legitimate question. Why has the gold not been audited in decades?
Loubianka
It could be a cover-up. We need to make sure that the gold is actually there.
Eugene Alta
It's harmful. This could encourage people to lose faith in the government.
Cerebro
It's a matter of national security. The gold reserves are a vital part of our economy.