Trump and Musk were going to visit Fort Knox; they never did, and the story just disappeared. What’s the real story on the U.S. government’s gold? From James Rickards at dailyreckoning.com:
Whatever happened to the Donald Trump and Elon Musk visit to Fort Knox?
You’ll recall the buzz from earlier this year. Trump and Musk loudly announced they were going to visit the U.S. bullion depository at Fort Knox, Kentucky to make sure the U.S. gold was actually there. The press was invited to tag along. Musk claimed that his DOGE team was ready to “audit” the gold bars to see that there were none missing. I had my own views on the announcement (described below) but I certainly agreed this would be the mother of all photo ops.
For the record, the U.S. Treasury holds 8,133.5 metric tonnes of gold in the U.S. reserve position. Slightly less than half of this gold is stored in Fort Knox. The remainder is mostly stored in a secure vault at West Point, New York. The exact location of that vault is classified although I happen to know where it is. A small amount is held at the Denver Mint for coinage purposes. Legally the U.S. Treasury owns the gold reserve, but I point out that the U.S. Army actually controls it since almost all of the gold is stored on two Army bases – Fort Knox and West Point.
A Fort Knox Extravaganza
None of this nuance about storage and location deterred Trump and Musk. In the popular imagination, all of the gold is in Fort Knox. That’s where they were headed to prove once and for all that the gold was actually there. Elon Musk planned to livestream the entire visit using his Starlink satellite system. Trump vaguely threatened that if any gold were missing, there would be disastrous consequences for any wrongdoers who removed it. The plot was set. The drama seemed irresistible.
Use it to build the Golden Showers Dome or it could fund the glorious Russia, Iran, China, world conquering tour?
Honk, honk, never grows old in this clown show.
Vlad stocked up on gold like the rest of BRICS to withstand the weaponization and sanctions, some nations are serious with leaders who love the land and people.
Others got sold out by quislings and traitors.