- Trump is going to inspect gold reserves at Fort Knox
- He wants to know if the reserve on the place and if nothing has been stolen
- Actually, Fort Knox is undergoing its annual audit of gold reserves
- There should be 147.3 million ounces of gold there right now
Donald Trump supports Elon Musk’s initiatives to audit the nation’s gold reserves and has announced that he intends to visit Fort Knox this Thursday to make sure the gold is in place, accounted for and nothing stolen.
Fort Knox holds about half of the Treasury Department’s reserves and should currently hold 147.3 million ounces of gold.
More About Trump’s Intentions to Check Fort Knox’s Gold Reserves
The day before, Elon Musk continued to make noise about whether gold is still stored at Fort Knox and criticized the inaccessibility of auditing it, noting a post by U.S. Senator Mike Lee.
Elon Musk’s initiatives have reached the president after all, and Donald Trump has expressed his support for checking out one of the nation’s major gold reserves in Fort Knox, Kentucky.
“I’m actually going on this one. All my life I’ve heard about Fort Knox. That’s where the gold is kept.”
More specifically, Trump indicated that he plans to check it out as early as this Thursday, and probably following the buzz that Musk has created – is skeptical about the integrity of the reserve.
“We’re getting a little bit shaky. We’re getting the yips on this stuff. Like I want to find out. We’re going to open up the doors. I’m going to see if we have gold there. Did anybody steal the gold in Fort Knox?”
However, according to the U.S. Mint, Fort Knox is audited annually and now has 147.3 million ounces of gold, which is about half of the Treasury Department’s reserves.
Conclusion
Fort Knox’s gold reserves will probably still happen, although it started with another loud statement by Musk. Most likely, the gold will end up in place, as such gaps seem quite impossible.
On the other hand, the story with Social Security has also crossed any imaginable limits of possible mistakes, and this made many people ready for a new surprise.
Let’s wait for the audit results – be aware and stay tuned for updates on the rapidly evolving crypto landscape.
The information provided in this article is for informational and educational purposes only and does not constitute financial, investment, or trading advice. Any actions you take based on the information provided are solely at your own risk. We are not responsible for any financial losses, damages, or consequences resulting from your use of this content. Always conduct your own research and consult a qualified financial advisor before making any investment decisions. Read more
