President Donald Trump is setting his eyes on Fort Knox, the USA’s most famous gold repository, as there are claims that the nation’s gold reserve is being stolen.
He vowed to inspect the gold repository himself to make sure that the nation’s fortunes were in safe hands. This came after Elon Musk, one of Trump’s closest allies, questioned the integrity of the reserve.
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Trump spoke to the Republican Governors Association
“All my life, I’ve heard about Fort Knox. That’s where the gold is kept, right? We’re going to open up the doors. I’m going to see we have gold there. We want to find out, did anybody steal the gold in Fort Knox?” The president told the association.
Trump vowed to visit the repository himself
“I’m going to actually go. We’re going to open the doors We’re going to inspect Fort Knox. We want to make sure that we actually have, you know, 400, tons of gold, or whatever to h**l it is. It’s a lot of gold. I don’t want to open it and the cupboards are bare,” the president vowed.
Musk is also involved
The Tesla CEO and the founder of the Department of Government Efficiency (DOGE) pushed officials to verify how much gold is at Fort Knox in Kentucky.
He also brought up the conspiracy theories surrounding the gold in the U.S. gold reserves, claiming that it is no longer there.
Republican Senator of Kentucky begged to differ
Republican Senator Rand Paul denied Musk’s claims that Fort Knox is reviewed at least every year, saying that it is not and he invited Musk to view it himself.
Musk responded with a tweet containing a South Park meme captioned with: “Looking for the gold at Fort Knox …”
Trump hasn’t scheduled a date yet
Trump expressed his intentions to visit the repository, though he hasn’t set a date for the visit, yet.
Additionally, he told reporters that he requested Musk to look into the issue and his answers were vague when it came down to the gold’s fate, saying: “If the gold isn’t there, we’re going to be very upset.”
More about Fort Knox
Fort Knox theoretically has about 147 million troy ounces of bulk gold, representing more than half the gold held by the U.S. federal government (56.35%).
The ones responsible for protecting the gold reserve are the U.S. Mint Police. The U.S. gold reserves act as a safety net at times of economic instability. Moreover, the last time they were checked was in August 2017 when Kentucky Senator Mitch McConnell and then-Treasury Secretary Steven Mnuchin, checked them out.
Last Updated on February 23, 2025 by admin
