Trump and Musk Push for Transparency on Fort Knox Gold Reserves Amid Conspiracy Theories
Trump and Musk seek to verify the gold reserves at Fort Knox, while Treasury confirms annual audits ensure accountability.
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Overview
In response to rising conspiracy theories about the gold reserves at Fort Knox, President Trump announced plans to verify the gold's presence, stating, "We're going to go to Fort Knox... to make sure the gold is there." Elon Musk echoed this sentiment on social media, calling for confirmation of the gold's safety. However, Treasury Secretary Scott Bessent reassured the public that annual audits confirm that all gold, totaling 147.3 million ounces, remains intact. Despite Musk's playful suggestion of a live walkthrough, Bessent emphasized that the Treasury operates solely within established audit protocols.
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FAQ
The recent interest was sparked by conspiracy theories and Elon Musk's social media posts questioning the gold's presence, which gained attention from President Trump.
The gold reserves at Fort Knox are audited annually, according to Treasury Secretary Scott Bessent.
Fort Knox stores approximately 147.3 million ounces of gold.
Yes, there have been visits in the past. For example, then-Treasury Secretary Steven Mnuchin and Sen. Mitch McConnell visited the vaults in 2017. However, recent visits have not been reported.
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