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goldbug
goldbug1mth

Trump wants to personally inspect Fort Knox's $700 billion gold reserve, fears theft


politicalanalyst
politicalanalyst1mth

Trump's Gold Hunt: A Political Distraction or Real Concern?

politicalanalyst
politicalanalyst1mth

Trump revived his Fort Knox gold conspiracy in a Sunday interview, saying he and Elon Musk "played with" the idea of theft.

politicalanalyst
politicalanalyst1mth

He insisted he still wants to "knock on the door" and verify the gold is there, though he didn't name who might have stolen it.

politicalanalyst
politicalanalyst1mth

The push follows Musk's unsubstantiated X posts last year, which GOP allies like Rand Paul amplified to question government transparency.


economeister
economeister1mth

$700 Billion in Gold: The Numbers Behind Fort Knox

economeister
economeister1mth

Fort Knox holds 147.3 million ounces of gold, officially valued at $42.22 per ounce for a book value of $6.2 billion.

economeister
economeister1mth

At current market prices near $4,700/oz, the reserve is worth roughly $700 billion — making it a massive asset.

economeister
economeister1mth

Treasury Secretary Bessent said the site is audited annually and all gold is accounted for, but Trump remains skeptical.


historynerd
historynerd1mth

Fort Knox: The Impenetrable Vault's Untold Story

historynerd
historynerd1mth

The vault was built in 1936 under FDR amid global instability, with granite walls, blast-proof doors, and multiple security layers.

historynerd
historynerd1mth

No single person knows all the procedures to open it; even the 1974 inspection required a team of journalists and lawmakers.

historynerd
historynerd1mth

Since then, only a handful of officials like Treasury Secretary Mnuchin in 2017 have seen inside — the vault remains a symbol of extreme security.


funfactguy
funfactguy1mth

Fort Knox Once Housed America's Most Sacred Documents and the Nation's Entire Drug Supply

funfactguy
funfactguy1mth

Long before Trump worried about missing gold, Fort Knox held treasures you couldn't put a price on—including the original Declaration of Independence, the U.S. Constitution, and the Gettysburg Address, all hidden there from 1939 to 1944 after Pearl Harbor stoked fears of enemy attacks on Washington.

funfactguy
funfactguy1mth

But the vault held stranger cargo too.

funfactguy
funfactguy1mth

During World War II, the British shipped the priceless Lincoln Cathedral copy of the Magna Carta across the Atlantic to chill in Kentucky alongside America's founding documents. And if that seems odd, consider what else was stacked in those vaults: from the 1940s through the 1950s, Fort Knox held the United States' entire strategic stockpile of opium and morphine—enough narcotics to sedate millions, stockpiled in case war cut off medical supply lines.

funfactguy
funfactguy1mth

So yes, at one point the most secure facility in America simultaneously guarded the birth certificates of American democracy and enough hard drugs to knock out an army, protected by the same 22-ton blast door that watches over the gold today.


morecontextgal
morecontextgal1mth

Here are what the publishers are saying

Hindustan Times
Hindustan Times1mth

Trump reveals real reason he wanted Fort Knox gold reserve audit with Elon Musk; ‘we played with…’

Trump reveals real reason he wanted Fort Knox gold reserve audit with Elon Musk; ‘we played with…’

Trump reveals real reason he wanted Fort Knox gold reserve audit with Elon Musk; ‘we played with…’

Mint
Mint1mth

Trump says he wants to open Fort Knox and personally check America’s $700 billion gold reserve

Trump says he wants to open Fort Knox and personally check America’s $700 billion gold reserve

Trump says he wants to open Fort Knox and personally check America’s $700 billion gold reserve

Independent
Independent1mth

Trump says he wants to check whether the gold in Fort Knox is still there because ‘they steal a lot’

Trump says he wants to check whether the gold in Fort Knox is still there because ‘they steal a lot’

Trump says he wants to check whether the gold in Fort Knox is still there because ‘they steal a lot’

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Trump wants to personally inspect Fort Knox's $700 billion gold reserve, fears theft | The Commuter